Mobile home depreciation

[Xin Z.]

Hi, I have a mobile home on about 2 acres of land.  It has been completely rehabbed with new AC, water heater, windows, flooring, paint, appliance, etc.  It was made in 1999.

Now I am trying to decide whether I should rent it or sell it.  It is located in a convenient location, so renting shouldn't be a problem.  My concern is the depreciation of the mobile home.  After a few years of renting, if the value depreciates a lot when I sell it eventually, then my cash flow will be much smaller if any.  I'd like to hear from experts here when a mobile home is "too old" and start to lose its resale value.  Any comments and advice is greatly appreciated.