However, I feel we only need a nominal consideration deed to buy out the remaining half of the property? 

For reference, I currently walk about 3.5 miles to the nearest Aldi to get groceries :DI am okay spending a little bit more if that puts me in a better suited-for-me area but still want the rent to be reasonable.For anyone familiar with the area, do you have any recommended areas that I should look further into or stay away from given the little bit of info that was shared above?

It would be great if your park is in a town of at least 5,000 or so and within ~ 5 miles of a Super Walmart.  

There is no less than half a dozen programs I know of that would jump into action if/when a person has an eviction notice.

Your overall return would be much higher here in San Diego than most areas of the country especially when accounting for appreciation (Approx 5% YOY for past half century) and principal pay down.

@Scott Pollock it's actually within FHA acceptable guidelines to have a 2nd fha loan if your situation has changed unexpectedly as long as the new subject property is 100 miles away from your current fha primary home.

I am curious what type of investing you think provides the best return on investment for a half-time job (roughly 25-30 hours a week) and roughly $1.7-2 million in today’s money.

I just ran a search for someone else this afternoon for duplexes and triplexes.I went out 40 miles from Orlando (Lakeland to Deland pretty much).

About 1 mile from the beach, but there is park water access nearby!

About 1 mile from the beach, but there is park water access nearby!