Mobile homes for rental income
I have an opportunity to purchase divided property with 4 single wide mobile homes. They are older but in fairly good condition. They are two bed one bath units. I have never owned any of these before and am curious what I can expect with regards to renters. The price is extremely attractive at $55k for all and I am expecting to get somewhere in the $500-$600/mo range on them. I’m just not sure what I am getting into tenant wise. Any thoughts would be appreciated.