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Updated almost 8 years ago, 12/28/2016

User Stats

636
Posts
485
Votes
Jacob Pereira
  • Real Estate Agent
  • Austin, TX
485
Votes |
636
Posts

Manufactured housing deal

Jacob Pereira
  • Real Estate Agent
  • Austin, TX
Posted

Hello BP,

I have an opportunity to buy a duplex property for about 70k that I think I can rent out for around $1500 a month. My back of the envelope suggests less than $20k worth of work needs to be done. Screaming deal right? Here's the catch: 

It's a manufactured mobile home. Does anyone have any experience with this? Should I be concerned about the durability of the structure or the resell value? Any other things I haven't thought of? 

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