I read your profile about 5000 units as 5 yr goal.

Just make sure to talk with a bank to make sure you have a credit profile that can refi it.

For the time being this home is off the table as we may move back here after my Air Force contract is up.Home 2: We own this home outright and the details can be found on my profile.

Your profile doesn't say where you are located. 

Give me a shout on my cell (easy to find on my profile) and I can fill you in on all our Hampton Roads happenings!

On the flip side if it'll only take you four months or so to recoup that 10k you spent finishing off your debt then I'd go that route and have the cash on hand and an even cleaner credit profile (remember you do need to continue to USE your credit - just pay your balances off monthly).and lastly - congrats on being in such a solid situation regarding your debt. 

I posted about my experience on a different student housing thread, which you can find my clicking on my profile I beleive. 

@Denis DavidyukThe 50% rules does not take into account income taxes.Everyone's income tax profile is different and as a result would be hard to generalize for everyone.Some things that make income taxes different for everyone.People are in different tax brackets.

fits your profile exactly.. 

I don't know of a lot of competing mobile home parks for that demographic, though there's definitely a lot in the surrounding areas, none that have a necessarily high-profile reputation other than the Canyon Lake Park I mentioned.