/biz/ - Business & Finance

My buddys brother wants to sell me his trailer/spot in a trailer park, it's in a good weed heavy part of a small town 20 miles away from a big city, he wants 10k for it and despite the piece of shit being built in the 60s everything still works and it is technically livable

There are properties around the area going on air bnb for over a hundred bucks a night with the same sqft and shit because folks want the cheap weed and being able to go into the city etc

The lot fee is 500ish bucks a month but shit, do you think it would be a decent investment to just drop 10k cash on it, get the property in my name and throw it up on airbnb or just rent it out for 1700 a month thereabouts for some easy passive income? Or am I better off throwing the money at some retarded coin.