I've been looking around and been to local Reia clubs, but nobody ever mentions how or where they get their sources to find what's in their market or for their specific niche.

Oh, the agent mentioned that they took over management of the park back in Aug and am actively increasing occupancy.

Realtor also mentioned if both were bought they would cut me a deal.

@Brent CoombsI think  I got the idea from  guests on TBPP  who have mentioned evaluating numbers they won't budge on before offering on a deal (Ep. 226 with David Osborn 15% COC ROI, and the book on Rental Property Investing mentions Brandon Turners's numbers, which I think are close to my own).

You mention you're using this for a downpayment - is your bank OK with that?

Some brokerage wants you pay $2500 insurance in lump sum not to mention most have desk fee, technology fee, background checks.Suggest wait til you move to NC.

You could do rent + utilities or the preferred method (like most members mentioned here), increase the rent to accommodate. 

I'm aware that the two companies I've mentioned do some services for me but after running some numbers vs actions I still need to take, I feel like there might be experiences out there I can take and make my own.Ideally I want to pick up the phone, ask a pro a question, and have them do it so I can get back to business.Hope this serves everyone well.

@Ryan Mattson Thanks, I should mention that just like all FHA loans it is for your primary home for at least one year of residence. 

Nothing in the post mentioned what the balance owed is - just the amount to stop the foreclosure which could just be the arrears.My guess is that the monthly mortgage payment was less than the amount they proposed as rent; if they couldn't make that amount of payment while THEY owned it, what makes you think they will pay that every month when YOU own it?