Depending on your personal investment strategy/risk tolerance, you would chose one or the other.As stated already, smaller loans are affected to a lesser degree due to the minimal difference in monthly payment.

Depending on how quickly you want to get ahead and build a nest egg (and how much pain your willing to tolerate) you could also put another trailer home on that land and start renting that out as well - you could do that for 5 yrs while you make your plan for if you want to build a manufactured home there. 

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

Before taking the plunge, honestly assess your finances (income, debts, savings, and risk tolerance) and research your chosen market thoroughly (rents, vacancies, property values, landlord regulations).

If so, is it at an annoying level or tolerable?

Hey Mario, If your dad fully understood and was okay with the reverse mortgage that could be an option, however that would exceed my risk tolerance. 

I'd say first determine your investment objectives, desired timeline, budget, and risk tolerance.

@Nick Maugeri It also depends on your level of risk tolerance for whether you want to leverage a property and if there are issues with the property that will not allow it to be financed initially.

Make sure to factor in all potential expenses, including property management, maintenance, and vacancies, when assessing the cash flow potential.Ultimately, each investor's situation is unique, and your approach should align with your financial goals and risk tolerance.

@Tiffany Archer it depends on your goals, risk tolerance, and experience.