Manufactured Homes
Hey Everyone!
Being new to Real Estate investing (and not having a lot of money!) I was looking for a way to start out relatively small. Then I ran across Manufactured Homes. What's the best strategy when it comes to mobile home investing? I realize that they don't appreciate in value (and can often depreciate). But it seems like I can acquire a relatively cheap mobile home that will cash flow nicely once rented out. Should I buy and hold for a few years, make some money (hopefully!) on the rents and then sell? Or is more of a long term play? Or should I just stay away from Manufactured Homes altogether because they can be to risky?
Thank you for taking the time to read this and I look forward to chatting with you all!