The difference between the two treatments is whether or not you pay the 15% self-employment tax on your profit.Still, I side with Ashish in recommending professional help, as my suggestion needs a more detailed discussion before implementing, with a few pitfalls to address. 

Their economy isn't strong, unemployment is high, and drug use is prevalent.

He told his doctors that he didn't want any more medication or treatments and will no longer be seeing them. 

Your absolutely right though, need to get that termite bond and ongoing preventative treatments.

Violent criminals, drug users, drug dealers, prostitutes, sex offenders, and many other criminals run a very high risk of offending again and I wouldn't want to expose my other tenants to that.

The last tenants were neighbor-from-hell, drunk & drugged out, criminal trespassers who habitually abused my property during all-night parties with numerous friends and relatives.

mobile home investing is a very great way to get into real estate at a low entry cost and high reward. what I love the most about it is that it is a gateway drug to owning mobile home parks. when a bank or hard money guy or gal asks you well I see you want to buy this mobile home park but … what do you know of mobile home parks... you can say well I own several homes in parks In the area and here are references for you to call that I have worked with. 

Hi Matt you're a little off on the opp zone tax treatment. 

State explicitly in your rules no parties/no illicit drug use.

Blood & brain matter was still on the bed & mattress....Drug addiction will put people in crazy situations.