. - Mobile homes are permitted I've verified with the recorded restrictions and by calling the Property Owners Association. - Current owners have surveys, this is a new subdivision.- Public sewer available.- Current owners purchased many lots and they haven't developed them.

Home is potentially upside down on mortgage (verifying that) and current owner wants too much for the house.

Purchase price: $98,500 Cash invested: $15,000 owner financed on duplex, bought from a friend of the family. hopefully many more to come

The goal is not to get the house back.

One unit being owner occupied doesn't change the number of units there.

If you're a PM, how would you handle this owner?

I have home owners insurance should i buy another landlords policy as well?

My sister-in-law has found a house in their neighborhood that has been vacant for years, and lo and behold, the owner has passed away and the heirs are looking to sell.

Does this mean the realtor does not have exclusive rights to sell the property and the owner is probably advertising the same property on one of those by owner sites?

The good news is owner occupying allows you to get away with things like this a bit more.