Mobile Home as a Vacation Rental

[Sam G.]

Sorry if this is something that has been asked a million times before. I did a forum search and couldn't find a good answer. Full disclosure, I know nothing about mobile homes and just wanted to get a quick "yes" or "no" before I went digging further into this.

Is anyone using a mobile home as a vacation rental for cash flow? I was looking at mobile homes in the Rehoboth beach area (this property, just as an example) and it seems like the possibility for cash flow could be significant. After $300 a month for your mortgage payment and $600 a month lot rent, you have a property that could likely rent for ~$200 a night during peak season (based on a quick glance at similar properties on Airbnb). Even accounting for some vacancy, repairs, and upkeep, it seems like the cash flow should be pretty reasonable. 

I figure there must be a reason why everyone isn't doing this, and I just wanted to find out what it is.

Thanks!