It seems like on the MLS I see deals every now and then that advertise less than 3.5% down – they appear to be homepath deals or something like this, honestly I have never looked into them.

I think seeing your posts and such appears to you SFR new development, correct?

If you want to get a member's direct attention in a post you're writing first type an @ and then wait for their name to appear below where you're writing, then click on it.

@Engelo Rumora What if it's closer to a C neighborhood, which it appears to be?

You will encounter many in the business with no Integrity, but red flags will appear...Keep it moving!!

The second appears motivated but my dilemma is I know nothing about Mobil homes which is what he wants to sell.My letter was to a different address but when he called he said he liked that home and was keeping it, but had two other homes he is thinking about selling because he is getting old and wants out of the rental business.This is what I know so far:Both homes are 2 bedroom and one bath, approx. 850 square feet for both.

Seller's appear to have this inflated idea that claiming gross rent minus utilities and other minor expenses provides a NOI.

It appears you have your act together.

So the buyer does not appear to be financially strong.

Obviously they can't all be accurate.In my opinion, there are a handful of sites that are doing good due diligence, there appear to be a larger number that are doing average to below average due diligence, and a small number of sites that are doing absolutely horrible due diligence.2) if every site made their performance publicly available, then I wouldn't have a problem with number one.