Mobile Home success story.
30 months ago I bought an occupied 2 bed 1 bath mobile home for $2,500, collecting $200/month in a park. Gross rent collected $6,000. The tenant moved out due to health reasons. It took $640 to get rent ready. The same day I put it back on the market, I received a call from a man interested in buying with cash. We settled on $10,000.
BOOM! Who said these things depreciate?
Seriously though, most deals do not work out like that, but I wanted to share with y'all the possibilities that can come from small investments.