We are thinking that a Hipcamp would do very well because there aren't any good ones locally and we've already had success with short term rentals.The land is $125,000 and we don't have the financial ability to purchase it or do a down payment right now.

Find a way to get rid of shady tenant and keep the good one.

Welcome to BP Jennifer and good luck investing!

Good luck!

Properties in good areas, whether SFH or MFH, tend to attract more stable, responsible tenants who maintain the property better.

If you do end up needing to ask a real estate attorney questions, it's probably a good idea to start with your title company. 

Interest rate- what does it take to make this a good deal.  

So going with the idea you aren't going to live in it, at 20% this would mean you could possibly buy a $150,000 rent-ready house if your DTI and credit score are good.  

Mike was such a good man and had become a friend to me over the years.

What are some good general questions to ask the potential tenant's previous landlord?