Maybe let’s debate whether it’s better to kill it or crush it?  

Don;t debate with me/this.

It’s located 1/2 a mile from downtown and already has active renovations taking place to early 19th century homes.My initial plan was to build 6 units on one side that are roughly 1,400sqft and then 8-10 on the other in form of a “pocket community” - single story small homes.Given the market, I’m debating whether building homes for sale is a solid idea vs. building for rent (even completely reimagining what would go on those lots) or a combination of rentals vs. homes for sale.Any thoughts on how best to proceed?

Great thread and I've been having this same internal debate.

 #4 - If you really want to throw a monkey wrench into this debate, Google "Primary and Non-Contributory" which is what we require of all our clients' liability policies and every PM company should think about requiring IMHO.  

My question is that I'm still debating whether or not to buy and hold or to flip the home.

Thanks for the info @Alex Chin For me its still the only place I can invest with the cash I have thats sort of in my driving range, still debating to do couple of more flips or go in to rental properties.

For me, that would have to come from underlying business bc I'm just not seeing the upside I'm looking for in the real estate itself.Full disclosure though, I'm still having this debate with myself and trying to figure out my path forward ...

PM and the ridiculous property taxes in Dallas / Fort Worth take a big chunk of your cash flow.Gross rent = $1200Taxes = $120k * 2.7% / 12 = $270Insurance = $75Maintenance/Capex = $200 (I would probably use a higher number, but this is debatable)Property Management = $1200 * 10% = $120Vacancy = $1200 * 8% = $96 (also debatable, but in this number would also be whatever the PM charges to lease up - usually 1 months rent)P&I with 20% down at 4.5% = $486Total expenses = $1247

I am debating on creating a sub-group for mobile home park owners so I can mass market to them but still be specific to owners of parks.