Using mobile homes as rental income

[Logan Caudill]

I stumbled across https://www.biggerpockets.com/topics/220562 this post that had me intrigued, and more so, wanted to ask more questions without piggybacking off of someone else’s question.

Someone commented about the best way to do this would be to buy a piece of property and put trailers there.

Which was my idea. I had plans to buy an acre to start with that can accommodate between 5-6 mobile homes and after income starts with that, and then purchase another bigger lot to put more on it.

To give more insight, I’m in western Kentucky and trailers/trailer parks aren’t a big problem and don’t carry a huge stigma with them, so saying I purchased decent single wides for fairly cheap that just needed updating, would this really seem profitable at say $450/month for 2/2 or 3/2 mobile homes?

*note: not trying to be a trailer park and collect lot rent, more of just creating a trailer park and rent the trailers out with the nice lot of land to make it atleast look more appealing to potential renters*

Thanks!

[Mark Brogan]

its your journey @Logan Caudill, mobiles are all we do, if your idea of renting them works for you go for it, I do work with a couple of investors that do just what you like, its a good idea , good luck