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Updated over 3 years ago,
Are Manufactured homes a good investment?
I'm in San Antonio and have seen a few Manufactured Homes for a low price. But manufactured homes seem to be categorized under Mobile Homes,
and I always thought of mobile homes as something similar to an RV
where you plop down on a piece of land and can drive away whenever you
decided to do so. Doing a rent analysis on a few of them, I realized they could potentially be a decent start in REI. But being that this
feels too good to be true, I wanted to ask here about them because I feel like there's a catch with these prices lol.
Are
manufactured homes a good buy? Are manufactured homes the same as
mobile homes? Is there any additional cost I should be aware of? I ask
this because as stated when I think of mobile homes, I think of renting
the land the home sits on while someone lives in it.
TIA