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Updated over 7 years ago,
Mobile Home Parks in North and South Carolina
As you can see my professional background is in banking. However, I have been looking into buying a mobile home park or just mobile homes (and pay the lot rent). I wanted to get some opinions on which people prefer. There are obvious pros and cons to buying the entire lot vs. buying a mobile home (in the $9k-$11k range) and renting it out. I am in North Carolina and have heard bad things about Fayetteville, NC. Born and raised in NC but still know little about the best places for Trailer Parks or Trailer Park lots. What type of geographical locations are ideal? Is it better to go ahead and buy the whole lot to own or be some what of a slum lord and rent out the mobile homes?