Quote from @Wale Lawal: @Paige GardnerYes, this strategy is possible, but it comes with risks that you need to manage carefully.

I used to help managed STR's in Nashville.

@Melissa Sejour a good property manager will give you a lot of information that you care about.

It does take 1-2 weeks to accomplish, so does require some effort and monitoring on your part, but sounds like you are a diligent self-money manager, so should be easy for you to accomplish. 

If you're considering mobile homes, the first step is checking zoning laws and utility access since some areas have restrictions.For resources, Mobile Home University is a well-known starting point, and local mobile home dealers can offer insights on placement and financing.If mobile homes are allowed, you could either rent them yourself for higher returns but more management or rent out the lots for steady cash flow with less work.

She is moving out and next management company sent me a questionnaire and one asked "Did they have any animals on your property?

We will certainly manage the drawdown from those funds to account for tax consequences as best we can.I appreciate the calls for diversification and I get that cash flow is a tougher to secure with interest rates where they are.

We also would like to self-manage if possible.

I'm a Realtor, property manager, and investor in San Angelo.

The only other question I would suggest is that you do engage a property management company to review your quad and review your monthly financials.