How many glamping spots are you expecting on this?

This is both a legal and tax question. 

Sure, it took almost 10 years to retire, but compared to the 30-40 year plan most people use it was a dream come true.

I'm broke as a joke but I have good credit how do I get started 

You could also get a line of credit for about $150k (you should be able to borrow 75% of the value.)The reason I suggest this is…1) you save $40-$60k in selling costs. 2) you have a lower blended interest rate (2/3rds at 3.25% and 1/3rd at 7 or 8% instead of the whole $500k at 7 or 8%) saving you another $1k/mo in interest. 3) you only pay interest on that $150k when you actually use it, not from day 1  Unless you hate this property, or want to buy something you can’t afford without selling, that would be my plan.

This is a debt society and debt is money. 

This is exactly the type of answer I was hoping for.  

I believe that's their primary business model.Seems like this would be a great bonus! 

I'm not saying you're doing this, but people will often make the mistake of looking into the highest priced rental unit and making that the "market rate" but it's often not a true comparable to the subject.

This would probably allow me to qualify for the FHA loan if this is true since the giant loss is throwing off my DTI.