Most people would be better off buying a nice, used manufactured home for $50,000 - $100,000. 

Start by telling him he needs to leave or pay and post the proper paperwork. 

And you can actually use those funds to invest in properties or do lending, if done properly. 

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

If you are not in Huntsville or Madison proper, you may want to wait out things for a minute, as some of the outlying areas are definitely tilting toward supply exceeding demand now.  

Conduct a proper valuation by comparing it to similar properties in the area, considering both current and potential future values.

Better schools and the economy is backed by the 2nd largest university in the nation along with a growing tech and manufacturing sector. 

@Nathan Gesner Spot in - I’ve asked the same question in several forums (give me an example of a successful lawsuit where proper insurance didn’t take care of it) and no one has been able to provide one.

It could be a book on deal analysis, proper investor mindset, an internet figure who gives out great knowledge, a legitimate course.

Checklist: Here’s a quick checklist to get you started:Get a home inspection (optional but recommended)Fix any outstanding repairs or issuesCreate or customize your lease agreement (covering pool/fireplace)Set up tenant screening processesTake detailed photos of the propertySecure proper insurance (consider rental-specific policies)Establish a move-in/move-out inspection processClarify utility responsibilities in the leaseConsider a property manager if you prefer hands-off managementDon’t worry, you're on the right track by doing your due diligence.