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Updated almost 7 years ago,
Buy New Mobile home investing?
hello from Texas - first-time investor - I might be crazy, but I'm looking at buying a lot of land and placing a new mobile home on it? The current rent for the area is around 900 per month for a 3 bedroom (land will cost me 5k and new single wide is 38k) I'm thinking it will create around 400 a month cashflow?
thanks Bill