That wrong decision sinks many and sours them permanently from investing in real estate again.

I have family in FHA loans - I advised against it, and today, they are not in a great financial position.This is the most important part of my post: I do believe FHA mortgage insurance premiums are now more or less permanent.

If that’s not an option you’re comfortable with, pay the couple hundred dollars to have a professional photographer/videographer grab the walk-through so you have it as a permanent going forward.

@Nia Booker-  thanks ...fyi - consider  conventional as well as down payment can be the same  ( or better )   plus you can  avoid the  large  upfront FHA mortgage insurance premium ( UFMIP)  plus  avoid needing the mortgage insurance to be permanent ...FHA rates might be slightly better but might not be that much to make up for the large  UFMIP fee 

One way to make myself feel like this asset type is less of a risk is buying in a place where vacation rentals are a permanent type of asset to have.

The downside with FHA is it now pas permanent PMI attached to the loan.

It won't be a permanent supplement to a lack of income to service the mortgage debt.  

The HR people did each say, without me asking them, they have a frequent need for temporary housing for doctors and administrators coming in temporarily or permanently because inventory is so low for bath buying and renting homes. 

This would be a long-term/permanent contract.

Breaking the property into two lots would be a great idea; however, you still need to buy it right.The question on the house is, is the double wide still on its trailers or is it permanently affixed to a foundation?