Risks of investing in mobile homes?

[Nathaniel Ortiz]

I have a mobile home owner very motivated to sell, asking 50k comps are at 110k no major cosmetic repairs needed. The numbers look like they can make sense as a quick flip, or even a potential buy and hold, but I'm aware mobile homes typically depreciate(?) and is a whole different "Industry" than single fam/multi fam property investing. What are the risks I should know about? Or is this a deal anybody would take as a quick flip?

[Janene Tompkins]

Is your deal just for the home or is land included? If land is included and the home is on a permanent foundation, it becomes a real estate transaction and not considered chattel property. Then the home has a better chance to retain its value. And may even appreciate b/c of the dirt underneath it.