I'm also a lender in the SE and midwest for short term, acquisition and renovation.

How much do you expect this to affect the rental/housing market in SE Colorado Springs?

So I only have two options: get an attorney or deed it to myself and handle it pro se.

At basically 21%, you can't beat that since your personal tax rates are much higher plus SE tax (if you aren't using a S Corp). 

I have been renting it out for a few years and refinanced 3 yrs ago for lower interest rate of about 4.2% and to pay it off quicker by shortening the life of the loan.This is a single family home located in SE Aurora (outside of Denver). 4 Bdrm/3bath.

Jake, welcome to investing in SE PA. 

That said, there's a lot more going on in that area than Western MA.I focus on SE CT.

If the activities rise to the level of a trade or business and you/the entity are/is a dealer with respect to the mentioned properties, the income would not be capital gains but instead ordinary trade or business income subject to SE taxes.I'd recommend you engage a professional to help make the decision (especially if you expect first year net to be $300k), as there are qualitative and quantitative factors that need to be considered. 

Now, I don't have a problem with manufactured homes per se, the issue is I would (very obviously) own the best house in the neighborhood - the complete opposite to what I've read and accepted to be sound investing advice.

Additionally the debt had to be non-recourse since I, as a person, was not an owner, per se, of the property.