This still feels like a tough decision for us!

Usually in Texas the foreclosure attorneys have made not only reasonable efforts, but maybe even extraordinary efforts to find the previous owner and reach out to them several times before foreclosure and even offer them options, like payment plans.Plan #1 is I think tough to accomplish due to title insurance issues.Plan #2...if you reno and previous owner redeems, they are not required to pay for the reno costs....sure everyone will tell you they never redeem, but as soon as you make a nice house on the property or reno what is there, fate means they will redeem. 

Is their a price escalation clause in the contract due to material cost?

Tough to get someone on the line.

Starting fresh can be tough at first, but you'll probably be better off for it.

But the tough part is that we don't know where to look online to verify that the county/ city would permit us to conduct business.

As your first investment, getting into an old, single mobile home that will be 3-7 years older in 3-7 is a tough sell. 

When evaluating a new property, it is essential to understand how the seller has managed the property and how effective their practices have been.In many cases, a property will be marketed with offering materials assuming “market management fees.”

It was tough at first but after moving out I am making $800 a month cashflow!

It was tough at first but after moving out I am making $800 a month cashflow!