Mobile Homes good place to start? or waste of time.
With my anxiety always getting the best of me, and continuously reading about getting started, wondering if mobile homes are a completely different animal, and if anyone has had success with them. I may be just looking here first because as I get closer to moving forward on anything, this seems more reachable. Thoughts?
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It depends, I have 3 rentals and one is a mobile home. I paid next to nothing for the home and small lot. As far as numbers go I am 4K away from it paying for itself and I have only had it 3 years. So in reality it was my best deal. In the end I think if the numbers are amazing why not, if the numbers are close to a normal SFR then no way. A mobile home is a depreciating asset in the end Just like a cab, but cabs still make the cab company money. (Pre uber of course)