Without it, you could very easily make a big financial mistake. 

Having owned, and been around horses before (for years), they can cause a LOT of damage very easily.

Places would no longer appraise.People cannot sell their homes easily either as there has been a flood of inventory, seller expectations are still yesterday’s prices and days on market are through the roof.I personally know a number of people that have went bankrupt, lost properties and a ton of people that have lost money in the six or seven figures.People that purchased new construction years ago are not able to close on their purchase as they are now worth much less and can’t afford the payments.

You know what would easily address all this?

Sure other products are less durable, but they are cheaper/quicker to install and you can update the flooring easily in the future.

I would try not to overthink this too much and would easily go with new appliances for all of the reasons mentioned above.

These packages can be easily emailed or handed around and you’ll have no control over whose lap it falls in.

If they are professional, they can explain this quickly and easily.

If you are only making $600 a year - you can easily call that negative cash flow - because the first repair you have to make will probably eat that amount up.I would encourage you to compare whatever deal you are looking at to alternative uses of your money as to investments.  

Home can easily be rented for $1200/mo immediately.