Lastly, I would encourage you to stop comparing MHPs to large apartment buildings, you'll never buy one if you continue to do so.On the infrastructure side:Ask the utility companies for historical water bills to see if there have been large spikes (sign of frequent leaks).

They have been great, and have encouraged me to put myself out there on the BP forum to seek out relationships via BP to share my knowledge, and learn from others.

(You can do subject to, but that is another story).If I have 0 equity, owe the bank 100k for a 100k house, it is bad for the wholesaler because there is not way he can get a discount, because me as the seller will want "retail" so I dont damage my credit with a short sale.If I have negative equity, I am motivated to get rid of the property, and it doest matter how much it sells for, as long the bank approves.I am simplifying things, but that is why equity matters.If this is your first time I highly encourage you to do driving for dollars first.

You are encouraged to attend, if possible.

AliThanks for the encouragement

Stay encouraged, sometimes the lessons learned are our failures are priceless.

Thank you all for your wisdom, words of encouragement and reality checks when needed.Kathy, thank you hun!

I appreciate all of the encouragement.

@Chris Clothier: Thanks for the encouragement.

So... shows like these, that show you how to improperly buy at auction and encourage a loose cannon approach are ultimately of little consequence, but an annoyance nonetheless.