Mobile Home in Trailer Park Buy or Run?

[Jay Escobar]

I have an opportunity to buy a trailer in a mobile home park WITHOUT the property for $1500 or less. I know a lot of things depend on the market, the condition of the trailer, when it was built, if I can find a buyer for it, but I would like to know if this is a smart investment because the trailer is so cheap? Or if I should walk away because trailers without property don't have much value? I'm thinking I could wholesale it, or do a lease option/seller financing to create cash flow. There are a lot of unknowns I realize, but if anyone has some general insight as to if this is a good buy or not? 

I've listened to Josh and Brandon's Podcast on Mobile homes (I think it was episode #75 or something) and the guy talks about buying mobile homes in a park for a couple thousand dollars without the land and seller financing or lease optioning to a qualified buyer. I feel like this current situation I'm in could be a good buy, but since it's my first time dealing with a mobile home maybe I should walk away? Thoughts?

[Paul Bowers]

Just be careful with the park rules.  You will have to make sure they will approve your buyer to rent the site  before you sell it to them.