Stick to the facts which have lead to the eviction that you can prove (rent was not paid), don’t waste the courts time with any other drama.

Better to have half a dozen high end paid for props that take very little work and not so much drama..

This means that you paid $0 taxes on your rental income, and the extra $17k can be used for future rental income deduction. 

The government knew that money would never be paid back.

If you buy it too low, in some jurisdictions they will call it "equity skimming" which is illegal.It can be very profitable, I've done many, but you really need to know what you are doing. on pre foreclosures on the West coast if you happen to do them legally .. the old owner is due 80% of the profit if you sell within 36 months.. so there is that.. but if your buying pre foreclosure for long term hold and wait out the 36 months then your fine. the reality these days is post GFC lenders/ banks/ servicers have realize that working with the buyer to reinstate recast redo the loans is far better than taking it all the way to foreclosure so your correct its usually the worse houses that make it all the way to the end and go to sale.thats why if you follow NODs  Notice of defaults or whatever they are call in your state. you see so many postponements and or removed or paid off etc.. so you hone in on one property do all this work only to have it not go  to sale  rarely are you going to buy a home that you really want LOL

They are definitely getting paid for it. 

I suppose in the end, it paid off in saving my life.Allow me to backtrack, back to the beginning, two years ago.

From my research you cannot sell the mobile home without it being paid off since the land is financed with the home.

A couple of thoughts that might help.I recast a loan at a point where I had paid enough extra to allow recast (I think it was $5k over).

I think Collin is being a little tongue in cheek with the Boone's Farm comment.I work with a local, large wine store, wait for their semi-annual sales when they compound discounts and buy 2 cases of each (white & red) for the largest discount.Basically I'm setting out wine that retails for $11-12-13 that I have paid $7-8 a bottle.