When I was a student my bank deducted the wrong amount from a prior check, then MY RENT CHECK bounced!)

Buying from a bank, you'll have to deduct cost of fixing the MH titles from the purchase price.  

This is fairly standard procedure when an REO is sold.

Data Standards RCG clients are already voluntarily exceeding the standards set forth in Reg.

Check posts about seller financing and tired landlords.Throwing in a lump sum on existing loans doesn't effect cash flow immediately it shortens the time to the payoff and reduces interest expenses, that are deducted from income.

I have seen on CL some owners will just carry for 2-3 years then you switch to a standard bank loan.

I often put a year in my agreement, but our standard agreement in the DC area says that if the buyer signs with another agent, the original becomes null and void, unless they purchase a property that has been shown to them by the original agent.  

If his cleanliness is not up to your standards I would enact a new standard in the new lease you sign with him.

@Tamara TaylorI did a standard 203k.

I have gotten as far as figuring out the 25% standard withholding tax, and filing the section 216 to have that withholding done on net income rather than gross, just wondering if anyone can add some insight to the process or point to some good resources and or professionals that might help give me some insight and confidence, or point me to best practices where this is concerned.