LOL Just kidding.It's true that some brokers/agents will make something appear rosy to get you to buy.Even if you are just selling off the property for a quick 5k it would be wise to have a folder to give prospective purchasers about the property.With the pool does it dominate the yard?

The deal numbers wise works but I will not buy this place blind.

However, although I'm new at this, I certainly don't feel like I need to jump ships career-wise in order to gain insight into this business.

Land trusts were the way to go a few years ago but most title companies have wised up to them.

Then, when you're in your 50-60s, hopefully your children are self-sufficient and you have saved enough (or have enough passive income) to support a spouse long-term if something should happen to you.So, I say to take your money and put into higher yielding investments in the short-term, get term life when you have dependent children, and plan wisely to ensure you have the money to support family when you hit 60+...Just my opinion, though I've heard similar from plenty of financial advisors...

Any wise word and/or assistance is greatly appreciated!!

It is a very nice (apperance wise) 1995 mobile home.

No wonder I laugh and cheer every time a bank fails or other wise gets a black eye.

It can be a real tool, if you used wisely and you make conservative estimates of FMV.

And again I say THANK YOU :) Bill I would vote you two times but is not possible.House is from HUD three months on list and there is no PCR so I asked the listed broker for a condition report and this was his answer: "needs garage doors for double garage, home has good siding and roof, newer high eff furnace, 4 br nice bath, needs some work on hdwood floors 2 rooms, has newer windows three with bb holes, paint carpet needed, storm/ entry doors, updated electric ran no plug ins or fixtures in spots, other wise pretty good for price".