I'm 1/10 of mile off the highway that leads to two lakes.

In fact, a double wide has two titles, one for each half as it travels down the highway. 

Then, obviously, make sure you have an outstanding property management group on your team.I have multiple properties that I am selling in the major (and some not so major) metros in Florida that all produce cash flow (I run each rental property through the BP Rental Analyzer for my BP friends) and all are at a significant discount to retail.  

That's just downright highway robbery.

Verify with seller(s) if there are any outstanding or expired construction permits or if any changes have been made to the property since the seller(s) purchased the property.45.

The home is in a rural town, so comps also by the highway are limited.

Logic tells us it cannot continue like this, but 60 years of history tells us that over the long haul it will have outstanding appreciation and rent growth.  

Such amounts may be out of bounds of creditors.Thinking you can buy a note and obtain a note is not the right thinking, those are tow different interests conveyed, an old saying, once a lender always a lender, meaning that if you buy a note you have no more rights in or to the property or collateral than the original lender.Buying a seller financed note, an equity funded note changes the flavor, equity notes are installment contracts that revert back to a seller, buying one changes the matter to a cash basis to the extent of the price paid, amounts above that may be viewed as equity amounts, not that a borrower evades that part of the obligation but in some cases it may be treated differently, like bankruptcy.Best thinking is to use the collateral to cover the outstanding balance owing, of all loans, plus allowable costs under state law in foreclosure and the excess reverts back as excess equity to the borrower, you get your money back, that's what you're entitled to. :)My Cards aren't doing well.....:)

Therefore, I can refinance INTO an FHA 203k product, and the refinance will NOT count as a cash-out refinance, due to there being an outstanding mortgage on the property.

Completely rehab to a slightly above average standard cosmetically and an outstanding standard in terms of systems.