We currently have the below "bad debt" positions:Student loans - 50k (6%)Car loan - 29k (7.09%)2nd lien (current primary home) - 80k (6.08%)401k loan - 30k (9% - paid to yourself)401k loan - 20k (9.25% paid to yourself)Household income of 267k (not including bonus), roughly 100k cash currently and save around 6k a month not including yearly bonus's (33k + 14k = 47k net/yr) + 72k/yr (6k/mo x12) savings = 119k total net savings per year (rough estimate not including current rental)Should we pay off existing debt with the exception of our home loans (not including 2nd lien) or invest in a 250k townhome* that can rent anywhere from $2,000-$2,750/mo?

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

What could I expect to cash flow per year including on and off season?

People want flexibility, mobility, convenience, and automation...including residents, not just travelers. 

The BiggerPockets podcast and resources, including books by J Scott, are excellent tools to learn from seasoned investors and gain valuable insights.Utilize BiggerPockets Resources: Make use of the podcast, articles, webinars, forums, and other resources available on BiggerPockets.

There are just too many red flags here (including your inexperience) for this to be the right first MHP deal for you.Attend F&D's bootcamp (www.mobilehomeuniversity.com), get educated.  

That included emptying the septic ($300ish).

A DSCR loan is a long-term loan with rent-ready conditions and uses the rental income to cover the expenses, including the loan payments.Both are asset-based loans, but only one is a DSCR loan (the rental loan).

There is an esign feature that will send to every recipient, including yourself

When you include utilities in the rent, you incentivize them to be wasteful. e.g. leave water running or leave AC on.