Options: 1: I try to develop one of the two current vacant lots that I own using a mobile home to bring in more rental income without needing to get a new mortgage.

I really like the idea of pulling my capital back out and recycling it, which is why I like this option a ton. 

What are our options without having to go thru probate?

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

DSCR Loans: What Are They And How To Get The Best Termshttps://www.biggerpockets.com/...DSCR Loans: How To Use Pro Strategies To Save More And Make Morehttps://www.biggerpockets.com/...Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?

It’s very hands on for most owners (high turnover employees  and employees stealing bc of cash sales) so as long as that’s something you’re willing to do it’s likely a great option for you. 

I am looking for the cheapest option here.

They are considering their options, looking at the market, probably starting to realize market rents. 

There are better options. $3,000.00 is lower than I have heard people say they have paid. $8,800 to 11,000.00 is more realistic because like most guru's they hold back key components unless you pay more for them. 

Apparently, I am supposed to choose a sponsor but am having trouble sifting through the plethora of options.