Be very careful of Highland Square to ensure you are not actually dipping into West Hill (your price may not be justified here).

This room was actually behind a door which had been boarded up.

If nothing else, make sure the LLC actually reimburses you for those expenses on your personal card, not just booking the expense. 

Actually, half way across the world..TIA!

@Victor G PerezYou are correct - there are different tax implications when selling a home that is a personal residence vs an investment property.I am actually curious on how you reported the sale of your home in 2013 on your tax return.In the future when looking at properties - You should formulate a plan whether you want to be a buy and hold investor or a flipper and communicate that with your realtor.

If you think that you might be in this situation again, it might help to look for a lender who can actually pay cash at the auctions on your behalf.

Depending on where this location is(which may be worth more than the actual park operations).

It came to mind that your agent could request any documentation the owner has (rent roll/expense details/vacancy rate,etc.) to assist in decision making, but I assume some people may actually make offers only from pictures, purchase price, and rents.

These are my current income streams however for many reasons I feel like they could be simplified and/or made legitimate.My 'income' from the managing of rental properties however because there is no company it's really a 'gift' from the trust so in the eyes of lenders it is not actually viewed as income (nor is it really enough to qualify for a loan). 

My note investing goals;Buy lowNon-performingHold and collect mortgage payments Resale to an investor looking for performing note Address: 2124 Tullis Dr Montgomery, AL 36111Asking: $42kLayout: 3/1, single family homeArea: CLien position: 1st UPB: $80,968.80Monthly mortgage payments: $719.78Sale comps: $62k Rental comps: $600 per month4 months behind on mortgage paymentsTaxes: $218/year (actual, from county website)Insurance: $217/yr (based on a formula for a home in the 50k-60k range)Here are my thoughts on how to underwrite it: Offer: $28k Fair Market Value: $62k Modified mortgage payments: $650 monthlyPayment upfront: $5kI came up with the 5k based on lawyer fees, BPO, tax for the yr, insurance for the year and servicer fees.