Real estate has always interested me due to the fact that unlike investing in stocks, real estate is something you can actually see, change, and physically watch grow.

Your money might be better served assisting you to attain a physical earning asset.

if it were me, i would put the new trailer in. i'd offer it to the upper end of the blue collars as RTO/LP. whether they exercise the right to buy or not, the "new-ness" can command a higher monthly rent/payment. if you can find someone to put a sizable down payment proving intent on ownership, they ought to treat the property better.3rd option, just offer the lot for rent at $300-$400/mo. they can bring their own trailer. if they ever leave, it should be in the lease that if they leave the home on the lot more than 30 days beyond their move-out date, the trailer becomes your. for free. clean it up and rent it out again. save yourself from spending 30k up front.just make sure your Monthly rent - PITI = cash flow. 

Size, rooms/bath, garage, year built are just some examples of what you use to find like properties.Practice makes perfect and this exercise will also increase your knowledge in each neighborhood.

@Heather Wendel If you consider working with Airbnb or vacation rental managers, you would open yourself up to wide variety of investment opportunities as you would not be confided to areas you and your husband physically go on a regular place.I recently helped out on an Airbnb investor's report on the top markets for investors based on ROI opportunities.  

Are you taking a course at a physical location or online?

That's the amount you would be willing to invest today to get those dollar amounts at the end of each of those 5 years.So basically in the above exercise you had the future cash flows and the discount rate and from that you calculated the Present Value.

I'll chime in briefly, then take my leave.The method of payment for the purchase (cash out, RE Contract, DofT) when exercised will be outlined in the Option only.  

Our people are all bonded and insured and in 15 years i only had once complaint of theft, for something that was found later by the tenant in their son's room.You have to exercise control, but in compliance to the lease and codes.

A little about me:-Marine Corps Veteran-3 purchases in 2016 (house hack & 2 rentals)-Finishing up Masters in Accounting-Finishing up CPA exams (2 out of 4 done)-Loan Officer for local lender (conventional financing, but I love doing loans for investors)-I'm passionate about physical fitness, self-improvement, and business/real estate.