As a starting point: -If they work full time and make $700k a year -Don't want to or can't spend time self managing a short-term rental -Don't have a spouse who wants to take the lead on managing the rentals They are likely not going to directly reduce their taxable income with real estate year-to-year. 

Mobile homes can sometimes be more expensive to insure, so it’s good to shop around for quotes.Resale Value: If you ever decide to sell the mobile home, understand that its value might not increase over time.

Was this an update to the unit that enabled you to increase rents?   

And, if you are self-managing, definetaly get rid of the one that is far away.

It's a part of my self directed IRA.

The key is to buy a distressed multi-unit or single-family home with space to rent out, rehab it to increase value, refinance to pull out equity, and then continue living in one unit while renting out the others.

Increasingly it’s the inexperienced investors who are making these decisions, often on their first investment.

The investor must consider whether the potential property value increase or other benefits outweigh this loss. 

I can do financial modeling with you and talk to other new build investors it's a slow growth plan. build directly at 25% below the market and also identify land too. increase unit counts and get better economies of scale. single family homes will never perform like a three story walk up apartment. we build a stacked triplex in Columbus Ohio with a picture below, if you are set on Dallas look at land prices and see if the economics help. 

Her lawyer told her that she really needs to increase the rent she is charging her father-in-law to to $800/month, but when we were looking at her finances today, she has only actually been getting $150/month.