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.

I have a YouTube channel on my profile with several videos if you want to get visuals on my house.Although I'm not nearly out of the woods yet (can't even see any damn light at the end of the tunnel), it hasn't stopped me from looking beyond to the next deal.

When you click on someone’s profile, there is a blue button that says “connect” if you would like to network with them.

This condo will negative cash flow - as someone posted earlier, you didn't account for:1) [~10%/$125/mo] Property Management (Based on your profile, you live in Tampa) 2)  [ ??]

@Michael M.Cost is important but you want to vet the professional that you are working with.With that said - the best way to get a good projection of what the professional fees you would pay to a tax accountant/advisor is to interview a couple and get some price quotes.Your tax profile is more complex than the average taxpayer as you have properties scattered across different states.Are any of your properties inside of an LLC?

@Matt HoneyfordA budget is simply a projection of what you expect the businesses' future income and expenses will be.Your profile mentions that you are an agent/flipper/buy and hold investor.Are you looking to create a budget for each business?