Quote:
Originally Posted by Xist
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"Lot rent $460/mo."
Never own a home and rent the lot under the home.
Mobile home parks are popular commercial investments because the renters are trapped. It cost thousands to move a mobile home and park owners know their renters don't have that kind of money. So they can steadily jack up the lot rent while neglecting basic park maintenance and their renter's can't do anything about it. Bonus - when the renters can't pay rent and can't afford to move the mobile home you get to seize the mobile home and sell it to a new sucker.
If you want a mobile home buy a lot and put a mobile home on it or buy one on a lot.