Mobile home; the factors I know I don't know
I'm realizing that the mobile home niche hs more to it than sfr. I've recieved advice in both directions: walk away or why haven't u bought it
Title tied to land.
Already in mobile home park.
Can fit 3 mobile homes on that 1 lot(need to verify with county)
Arv 110
Rehab(not sure how to figure for mobile homes, the mobile home is trash, frame is only thing decent). I figure get a newer Mobil home(30k) Keep the total investment under 65k.
That will leave room to choose flip or hold.