I would suggest to sell the condo and reinvest into a single family home. 

I've seen a lot of people try this, and they rarely use the home. 

I think the A frame idea works great for this setting, but some have said the A frame style steeper peaked roof works better. https://www.instagram.com/redtail_cabins_adu/

In today’s market most homes will be worth more than their outstanding loan balance unless they are VERY recent purchases with little to no money down.

From there it is really just a matter of determining comps, cost to rehab a property, and your timeline.I have helped several investors flip their first home in Austin and learn how to do it effectively.

Catch is ... it is zoned at RM20-A, which for those of you keeping score at home, is apparently not eligible for a Non owner occupied STR. 

not sure they will do it for mobile homes though.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

In addition to interest and repairs, you can deduct off a 27 year depreciation on the home. 

Need a home, it needed work, price and location where pretty great.