New construction mobile home

[John Powell]

I’m buying a lot and doing all the prep work (septic, well, power, grading, driveway ect) then putting a brand new mobile-home on the lot. Looks like the lot and prep are going to be about $25k the home will be around $60k installed. 20 year old homes in the area are selling around $150k. What am I missing my profit margin is huge. What should I watch out for. I have verified that I’m allowed to do septic well and place a mobile home in that location. I’ve previously flipped houses and have several rental and am an agent. It just feels too easy.