Do you really want to be operating a business.I would sell and invest the money in a income fund of some type that could probably generate a 8 - 10% return without a problem.Let your children get loans if necessary.

All income that property had generated in the past stays in the IRA, tax deferred.

They would prefer to replace the income the house is generating with another source.

@Jon Dorsey The 'environment' does not change business fundamentals.Parks with POH are two separate business: one is the MHP, which generates revenue and expenses from the operation of the park; this has its own value and risk profile.

The issue is although it is a two bedroom, the 2nd bedroom is actually a former tuckunder garage, it has a door leading to the outside, no bathroom in the immediate vicinity(the bathroom is located next to the master bedroom upstairs), and is the only access to the utility room. 

Its possible to adjust rentals during those years according to a formula that - in my experience - leads to rents ca. 50% of market rent.

I’ve been looking into investing in real estate for over a year now but have never had the resources to generate money to fund it.

It's also not suburbia, standard of the Boomer generation. 

Is it easy to verify if lead paint was used in a house before purchasing it?

Some details that I'm looking for:Where did the lead come from?