As for not proving to the state, I am I the "chicken or the egg" paradox presently.

Am I leaving any money on the table? 

So I figured I was going to have a key lock box as a back up and then wondered if I felt I needed that, why am I spending the money and potential headaches on other options.I am sure the technology is great when it works but I have yet to have any piece of technology glitch free.  

Am I off the mark on this?

I'm renovating my first mobile home. I spoke with the contractor over the phone this evening and asked him to give me some ball park figures. The mobile home is a 14x76.
All figures include labor and materials.

New p...

Am I understanding right, you paid cash then minus taxes and insurance, you also take out some to set aside for repairs and are then left with $300 or so to keep.

@Adrian Chu thank you, so am I!  

With these updates I am confident I can get the ARV to around 400k.Now to the seller financing structure:purchase price- 300ktaxes- $900insurance $100Over 5 years (60 months) make monthly payments of $1,000 (60k) (Assuming 0% interest and 0 down payment being the wonderful grandson I am)I attempted to use the rental property calculator to analyze but this deal is a little out of the ordinary.After those 5 years do a cash out refi to pay back the remaining 240K and assuming it will be valued in the 400k range I could pull out some more equity to buy more properties.I plan to do the renovations within the first month and getting renters in there asap.

What am I missing or what should I look out for?

Am I wrong?