The property is in a great location,  close to stores, restaurants, fair grounds, freeway access, and less than a mile from hospital.

If entities are disregarded, you can keep up with more than 1 in a single QBO account using the location/business feature to keep track of them separately.

I also think of property locations and property conditions having different classifications. 

To me the biggest takeaway is that as real estate professionals, we always talk about location, location, location.

Great location on main hwy. 

You've definitely come to the right place to find resources and connections.Here, you'll find several knowledgeable and experienced agents who can help guide you in securing the right property.

I have located the VIN numbers for each trailer and now I am looking for advice on how to get titles to these trailers. 

@David LewisRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

District South has a priceless location that backs up directly to the famous Nickel Plate Trail."

I think both of your strategies have merit, but here’s my take based on what you’ve laid out.Moving to a rent-stabilized apartment and renting out your condo as a mid-term rental could be a smart pivot, especially with its location near a hospital and LGA.