One of the benefits is that being on the loan can help build his credit, which will be valuable for his future financial goals.

You might also explore BRRRR to build long-term wealth while recycling capital.

.: I recommend networking and building relationships first.

While it may seem daunting at first, beginning with a clean slate allows you to establish clear expectations and build a strong landlord-tenant relationship from the outset.

One thing to consider on developing new MHP is that if cities don't want them they can make it very difficult to build new ones.

I think working with an architect to build something really unique and custom is always the best move if you have the budget for it.

.✅ Reduces Stress & Burnout – Investing should be about building wealth AND freedom.

I don't currently have any investment properties, but will likely work with a turn-key property managment in the Memphis/Little Rock area.My goal is to build a good cash-flow portfolio to ease into retirement. 

Building strong relationships and continually learning will set you up for success.

@Ella Marie the Pro's are you can build long term wealth, the Cons are you can lose money if you cannot properly quantify risk.