Buying raw land, mobile homes??

[Justin Apple]

Hello all, I was recently presented an opportunity to purchase 5 acres for below market value. I intend to sign the contract on it in a couple of days. My mind has been reeling with the choices of what to do with it. There used to be a mobile home on it so it already has water, septic, and power nearby so I was thinking of finding a decent used MH and putting it there so the rent could cover the cost of the land loan and it would buy me some time to figure out what to do with the rest. I could subdivide and put more MH’s and just collect rent but I know financing for them is sketchy. There are a lot of MH’s in my area and I see them on mls all the time but have no idea how people are buying them. Also, if I went that route I would probably have trouble refinancing and doing a brrrr in the future. I’ve also thought about building duplexes or single family but that would obviously take much more time. Thoughts on what I could do with this 5 acre plot or if my MH idea is a good one? It’s in the county so there’s not a lot of restrictions.