your asking a lot of questions without knowledge of the situation Ask the agent if they got a repair estimate on the foundation and then make an offer contingent on your inspections  

@Russ Wallace, I suppose there may be a situation/market where developing a new MHP would make sense. 

If I knew an attorney, or know how to resolve this situation I could handle it, or just sell the deal, as there is good profit there. 

But my STR's are a different situation than your VR's. 

First situation wasn't good for the tenant and a friend of his.

Overall, it's a win win situation, you will get experience and you will learn a lot about real estate with this.

Hi all,This is a strange situation that I'm hoping someone can give me a sanity check on:I purchased a home last year from a well-known company in Chicago that was forced to close earlier this year. 

She has helped me figure out the best types of insurance for rentals and flips alike, including unusual situations and is almost always the least expensive to boot. 

Using that money to season for a few months before trying again.If anyone has an ideas or insight into my situation, I would appreciate it.

In the future, any similar situation, hire someone else to do the work, show the Tenant the receipt, deduct the amount from the security deposit.