Mobile Home Park in Texas

[Matt Goh]

Hi,

I am a newbie trying to close my first  Mobile Home  deal shortly. Have couple of questions and would appreciate any help :

1. The seller is a old gentleman who is willing to sell for small down-payment with him carrying a note for rest of the amount. But the catch is he will do only "contract for deed". Is it legally allowed in Texas ? If yes, is there any gotcha for me to be aware of.

2. Need to haul away couple of run-down park owned mobile homes if i buy this property. Wondering how much it typically costs.