Creating passive income through renting

[Chris Gass]

I am a 32 yr old male with a objective to increase income through real estate. I made a offer on my first deal and it was agreed on. Small single family home on 1/2 acre piece of property. Projecting 250$-300$ cash flow. I asked myself , How can I maximize this property? After reviewing the property I decided I will strive to purchase a mobile home, install on property, and rent it also. I believe this will maximize without jeopardizing the other rental for my area. Thoughts? Ideas?

[Dennis M.]

I wouldn’t . It’ll drop the value of the house and getting the new systems for the trailer in place could be cost prohibitive