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Updated almost 6 years ago,
Mobile home vs single family home
hello,
My name is Chase and I feel stumped on a specific topic. I am part owner of a small HVAC company in Phoenix Arizona and want to expand my business with real estate. Here is my question, I found several mobile homes for sale for very low prices. Obviously they need work which I’m fine with but are mobile home rentals very profitable in Arizona? Most communities are ages 55+ and I have a hard time wrapping my head around the fact of people renting out mobile homes when they can rent out a single family home for not much more in pricing. I really just need some advice if people have some experience with these property’s and if they work out for them. Found a few for $10k-$30k and want to know if it’s worth it or if I should start with a single family home instead? Thank you