Nowadays I’m  referred deals from a fairly deep network I’ve built up, but you can search listings that have been for sale with no offers for a period of time and see if they have an assumable loan.  

No friends or favors for the tenant.

My partner bought a studio, front line to the sea in Costa del Sol, initially just a warm escape from Chicago winters with no intention to make a profit. 

What's super annoying for me is that I used to be able to say "period" and it would add the . for me, now there's no way that Ive figured out to get that to work again.

@Ryan BiankowskiIn my opinion, if you have no experience flipping houses, no experience dealing with contractors and this is your first deal, $10K is nothing.Sorry to burst your bubble.An unscrupulous contractor will burn through your $10K in one day..... literally and you may never see him again.Assuming you have no experience, I would advise you as a starting point to slow down, sit yourself down, and buy J Scott's books for $49.00........and save yourself $9,951.00.Make sure you read them through thoroughly at least once, if not twice before making your first move.There are other good books out there, maybe a good local mentor that you can learn the ropes from and even some good "guru's" that you can learn from despite all the guru bashing on BP but I would definitely start with J's books.Said books are:The Book on Flipping HousesThe Book on Estimating Rehab Costs

While some of the places I've bought are not recently renovated, I have bought homes that require no renos and have been happy with them.

I've done extensive research and familiarized myself with the basics, I believe there's no substitute for real-world experience and practical advice. 

Mainly because I can craft the mortgage a little more (no pre-payment penalties, lower down payment, etc.) and eliminate the fees charged by lenders and brokers.One of the benefits of purchasing a listed property is that the broker will normally set the seller's expectations a bit more than you just contacting them off the street.It comes down to what the seller really wants: a certain price, interest, down payment, or term.

@Shital Thakkar There is no simple number because all markets are different.

I have no experience on how to value land or trailers though.It's 295k. 2% earnest money.