In addition to a possible "cocktail napkin" note (make sure a GOOD real estate attorney reviews the docs before you commit to buy), Mobile Home deals are a different animal than SFRs.

Usually the inspection will be a requirement before any loan docs are issued.

the cleanest way to do this is to 1 letter of intent between u the Rei and the seller 2 lease and option from seller to ur llc the Rei 3 market for suitable tenant Nuer w 3 % prion fee 4 have tenant sign a lease and option with seller plus option release fee doc, all 3 sign this , u the Rei , landlord seller and tenant buyer 5 have seller sign the paperwork, TBer gets keys, you get the 3 % fee

Would love to go all digital with the fillable PDF docs, so if either of you figure those out, please let me know!

I wasn't brave enough to touch that one.Not sure what I am willing to pay for the owner's docs.

The property had a small roof leak on the back 2nd story roof.

.,  is a doc relating to the property?

But this likely will trigger the due on sale clause (not sure what VA loan docs say, but would bet that this would trigger it).

Not-so-common problems include a rusted out water supply line (requires digging up the yard), burst pipes ($1000 tops) or various leaks in stacks and drains (allocate $300 for buttoning these up.)

As @Brian Gibbons mentioned, you are only as good as your docs...I've spent well in excess of $20k on mine, and I'm still always tweaking this or that.As he stated, I'd go to the REIA and find the attorney they recommend.$1200 isn't much, but I'd find out how many LO's the attorney has worked with and if understands you will be ASSIGNING the contract.