I would not rent a house with 4 beds and 1 bathroom on another floor unless I had no other option, or was just getting started in life.I’d comp this below other similarly sized assets, but it’s all about the numbers.

In fact, even no one else and lose another month of rental income would be a safer option than to allow this person.

A home equity loan gives you an option of having fixed debt which is safer if you plan on using it to buy a long term rental buy and hold scenario.

I am also wondering about vacancy rates in general in the Memphis area.

Do manufactured/mobile home dealers provide seller financing option to buyers? 

First option is to sell the house immediately and utilize those funds (~100k) to supplement the cost. 

I've thought of a HELOC but looking for a longer term solution.Are there any other options?

Hmm... seems like framing a floor vs cement could lead to moisture issues (or maybe not otherwise why would they allow that option)...

Hey BP Community, I'm wondering if there are advantages/disadvantages from getting a HELOC from a local bank or a mortgage company. 

I wonder if it's not that tracking your net worth increases net worth, rather the people who are tracking their net worth have assets to track.