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Updated almost 7 years ago,
Buying and selling real estate
I don't have very much money to purchase an investment but would like to buy a Mobile home, fix it up and then rent it out. The issue is I don't know what they average rental rates are for the town and if it would be worth it. This is very scary to me because I have never bought investment property. The mobile home is 4500.00 and the lot rent is 240.00. Does anyone have any suggestions?