If so this isn't going to work on a rental... you're limited by the LTV (75-80% typically). 

@Jacob Calbillo you are limited on how many mobile and site built homes by the water and sewer available.

@Frank Wong Thanks Frank, I’m going to put an offer in today, I was just speaking with my broker and he said the bank told him the other offer they have is a “solid” offer...We’ll see what happens, if they come back asking for best and final I’m thinking 205k will be my limit.

I will always include an inspection contingency / study period to protect myself... with a duration in excess of what should be necessary to complete the due diligence.

I found the preforclosure list and tax delinquency list in my county and have been studying them fora couple days now.So today while coming back from going out with the family I decided to test my tax delinquency list to confirm or deny my assumptions by driving pass a house on my tax list and sure enough, it looked abandon and showed all the signs I've read about and I heard.

I found the preforclosure list and tax delinquency list in my county and have been studying them fora couple days now.So today while coming back from going out with the family I decided to test my tax delinquency list to confirm or deny my assumptions by driving pass a house on my tax list and sure enough, it looked abandon and showed all the signs I've read about and I heard.

The optimal thing would be to have a tenant move in the day after repairs are done, limiting vacancy costs. 

I love Kent, but supply appears limited. 

A pistol range or skeet shooting field if you're out of the city limits. 

My question is, does the fact that the LLC will own the property expand my refinance options at all, or would I still be limited on an LTV standpoint because it would be a non-recourse loan since I can't personally guarantee it?