The first building is 127,831 GSF (109,558 ESF) built in 1970 with 160 hotel rooms, reception, boutique, gym, meeting rooms, restaurant, banquet kitchen, and indoor atrium area with pool.

Ask your friendly title company to create a HUD-1 for youWith the offer attach pictures of all the ugly things about the property; the landscaping, broken windows, bad walk ways, bad fencing, green water in the pool, any nasty pictures of the interior, the estimate amount of renovations neededWrite a cover letter stating what you will do if they accept your offer; secure the property, insure the house, pay all cash, take care immediately of the roof problem, protect and secure the house form squatters, have the electric turned on, notify the water department, notify the local police to keep an eye out for vandals...etc.Since no one at the bank can make a decision as fast as you want, put a drop dead date in your offer.

Its big, well kept, granite counters, large lot, room for a pool... 

And then simply give back $x to tenant A from the (big) security deposit pool.

Syndications are available where you can invest in a loan as a partial owner of the note.There are a number of real estate crowd funding platforms (including one I own) that allow accredited investors to easily see, analyze, evaluate and invest in mortgage loans online.There are also "blind pools" where the investor puts his money into a limited partnership type structure that invests in high interest loans - in these the investor does not know before investing the makeup of the loan pool, so he's totally reliant on the general partner.The big thing for the passive investor is that he is no longer restricted geographically; he's free to find the best yield vs risk opportunity available.  

Real estate team - agents, investor pool, private buyers, gc's, lender, and marketingMy purpose in joining the site is to learn more everyday, facilitate new connections, and provide help to others!

Both homes have pools (mine doesn't) and are 300-600sq ft larger.

What would happen to the vacancy rates, pool of very qualified renters, housing prices, tax rates?

It caused it to pool at the bottom of the window well and seeped in and soak my carpet.

My understanding is that conventional 30-year, fixed rate mortgage financing is not available for manufactured homes, so the pool of potential future buyers is limited.