Would you Rent, Sell/finance, Sell/Cash?????

Pros and cons of your exit strategies 

Rent pros- you own the home forever and get to collect rents from tenants, leave the home to your family in your will, build wealth one home at time.
rent cons- maintenance/repairs and dealing with tenants on a daily basis, if you use property management you will have to manage the manager to make sure they are staying on top of taking care of your property, property taxes and insurance and paying lot rents if home is in a park.

Sell/finance Pros- you are providing affordable housing for a new home owner, you will collect payments for years to come, no maintenance/repairs after you sell the home.
lot rents are paid by the tenant, taxes are paid by the tenant, this is a good business if you not interested in being a landlord.
Sell/finance Cons- once you sell the home it is gone and the payments stop unless tenant stops paying then you may get it back, if you do get it back you will most likely need to rehab  home again.

Sell/cash pros- cash in your in your pocket once its sold, time to go buy another one
Sell/cash cons- now that you have sold the home its time to put up some of the money to pay the IRS, no 1031 exchanges allowed for mobiles that I know of.

happy investing