STR mobile home, is it worth it?

[Jake Warren]

I currently have a STR mobile home that is bringing in good cash flow but I am thinking if its a smart investment or if I should get out of the mobile home before it could be to late. the park fee is really high but 1.5 months rent pay for it. which leaves me with 4.5 month of positive cash flow. I also have a LTR.

[Chris Davidson]

Quote from @Jake Warren:

Quote from @Eliott Elias:

It is probably good with cash flow, but a depreciating asset. Depends on the age of it and how much longer it will last. I don't like keeping mobile homes unless it's a subto 

 the cash flow is good but as its mobile its depreciating and I do not like that at all.the home is a 2016 so fairly new.also what is a subto?

 Find another "Investor" who likes the idea of owning it and getting the cashflow and sell it to them on terms. Subto would only work if you had a loan on it. If you own it outright you can sell it for a downpayment and monthly payments that way you get funds every month and someone else takes on the risk of maintenance, expenses, and has the upside on protentional rent increases. Or they just want a vacation home.

Keep up the work!