In a seller's market be sure to see if other offers have been received before making the offer.

Publication 15, Employer's Tax Guide, says only this much:...Payments for the services of a child under age 18 who works for their parent in a trade or business aren't subject to social security andMedicare taxes...No definition, and IRS publications are not really law anyway.

I think it does a good job of introducing different strategies and lingo of investing in a  digestible way and allows someone to find what they may find interesting and then learn more about that.

There is still a shortage of homes under $1250 a month for rent that when advertised, they are being filled in a matter of days.

I live in a costly area, and this is the main stoppage point of getting me to just jump in.

However, a lot of concerns can be mitigated with looking at their past rental behavior in a lot of different settings.

Is there any other ways to finance that would allow me to sell the mobile home in a few years and not be stuck with it for the life of the loan? 

The only thing I would say in a area that is cheap is flip it wash your hands of it ASAP .

It all comes down to comps in a given neighborhood.

In a text book case you'd buy a property for half of its ARV (after repair value) and then spend 25% of ARV on rehab and generate 25% equity.