manufactured homes in California sold with land..

[Account Closed]

Hi,

My husband and I are considering buying a mobile home in California, with the intent of renting it out.  What we'd like to know, is if there  are any homes that are sold with the land.  Also what are the regulations regarding mobile home owners renting out their homes... if they own both the house and the land?  

[John Arendsen]

We've been investing in MH's in Cali for 3 decades and own several rentals. You have to be very careful. Always be sure to get a copy of the HOA CC&R's before pulling the trigger. Many if not most "Resident Owned" MHC's have some pretty stringent rules about subletting.

Most want a new owner to live in the home for a minimum of one year before they can rent it. Others will only allow you to rent out your home on one year minimums. Absolutely no vacation, VRBO, Air B&B or short term rentals. You might find some that will allow a 30 day minimum at best.

Resident owned MHC"s are very much aware of investors wanting to purchase MH's because of their attractive price points. But they don't want a lot of transient activity in their communities. All that stated, there are some that don't have those restrictions but you really have to dig around to find them.