Hi,
Thought about buying a mobile house for 60 grand and putting that on the land and getting in atleast some rent so you can make some good tax deductions. If it is your only asset make sure you have filed a withholding declaration (depending on your income) so you won;t feel the pinch week to week. Sounds like you may not have gotten the location quite right.
If it was mine I would draw out the equity and use that money to buy another investment. All property mistakes heel over time. You havent held onto it for long enough I think,
investigate other options and good luck.
Think outside the square and dont restrict yourself to a few ideas.
Good luck[biggrin]