Bought an old beat up mobile home to lease as "heated storage"
I recently bought an old single-wide mobile home on its own lot and I was thinking about
leasing it as "heated storage". It's still "livable" but not pretty and I don't want landlord headaches.
Its a very hot market and would easily rent for $500/mo as-is.
It would take $6500+ for fix-up and a few months it would rent for $1100/mo but workers are hard to find.
It's in a neighborhood of mobile homes on their own land I want to wait til summer to demo it and put a new MH to sell for a $100k+ profit.
I was wondering if anyone has actual experience or recommendations.