@Steven Hamilton II, thank you Sir for the correction.

I am going to start getting things in writing to have something listing a move out date, etc,, but would like to work with an attorney to ensure that I am doing things correctly.

It is also a great tool for networking.

You can probably find a credit union that would do a cash out refinance for maybe 70% LTV and if the property is valued at 230-250K you could possibly put 161-175K cash in your pocket keep the rental in Toole and go buy a few properties in Florida or wherever you decide to buy.All depends on how much you want to leverage yourself out.

Thats correct it wont have wheels , but its approx the same width  and length .  

@Raj G. correct, but a scenario that is achievable.  

There is also currently a new 4 BR septic being installed, and there is also an in-law apartment downstairs.I estimated repairs at $20,000 by experience I've had in the past doing construction and home improvement and I can also probably do 90% of the work myself unless there are plumbing,electrical, foundation or other major issues beyond my skill set.I used zillow's comp tool to give me an estimate of what the house is worth and zillow says $365,933, which seems a bit crazy to me but who knows.

If you can wait out a market correction, you're in good shape.

I generally don't like to go less than $10K-$20K on a downpayment to be sure the buyer has skin in the game.I ABSOLUTELY recommend you work with a Real Estate Lawyer and/or Title company on deeds, promissory notes, deed of trust etc... to make sure everything is drawn up correctly and filed correctly.

I like to utilize these tools when I am doing "mindless activities" such as washing dishes, getting ready for work in the morning, driving around, etc...My last piece of advice is find a local REIA which is like a real estate investors club.