Our HOA is considering buying the lease so that the entire condo will become fee simple.

I have totally given up on Quickbooks though it remains the best accounting software for the non CPA type 

When we purchased it, it was fully renovated and set up as a 5 bed/1 bath Airbnb.

Purchase price: $115,000 Cash invested: $42,000 Sale price: $168,000 Unfortunately, we bought this property as a buy and hold property, and our research led us to believe that this neighborhood was up and coming not in a bad area of Jacksonville.

The marketplace determines the rent.

I was willing to work with him as I have worked with others in the pass who lost their jobs and struggled with rent but they were always forth coming, clean, and came to me to work with me to stay.

I have some cash, but likely not enough to fund a purchase without bank financing, and especially not when factoring extensive rehab costs into the equation (may need to up my knowledge on creative financing to bridge this).

This coming weekend we were thinking of come out and checking the neighborhoods of few zips where there were houses we liked on MLS.

I will address the absolute that he did throw out as they are simply incorrect.

Buying a mobile home to place on your land can be a great way to generate rental income, but like any investment, it comes with pros, cons, and key considerations.On the pro side, mobile homes are typically more affordable than traditional single-family homes, meaning lower upfront costs.