1 at a time, buy a lot and put a MH on it and sell
Good morning from Sedona, Arizona home of the most overpriced properties in Arizona.
A manufactured home up here is typically on a 0.25 acre of land and sell for around $105 per square foot for an older model....close to $140 pr sq ft for a newer model.
I am considering buying a lot and putting a newer manufactured home on the property and selling the package.
Just found this forum and am hoping I can find someone who's doing this now or has recently in an expensive area like Sedona and could offer pointers, pro's and con's, and maybe even find me or help me create my own spreadsheet to estimate expenses and track budgeted vs actual expenses.
There are few lots up here that allow manufactured homes, so an option may be to buy one with an older model on it and replace with a newer one.
I hope I can find help here or get some guidance on where to go to connect with like minded individuals.
Would this be considered MH developing?
Thanks in advance for any comments or suggestions you may offer.