Would mobile homes be a good alternative investment?

[Shari Posey]

I started to look for SFRs but kept getting outbid, then went to condos thinking they are less popular but I still keep getting outbid. The prices just don't make sense, so I'm looking for other options.

I'm thinking about mobile homes and have started doing some research. I have a mental problem with them but I think I can get over that if the numbers make sense. I'm hoping it won't be so competitive in the MH arena. I want to buy within 4 hours of LA, I've only got $80k to invest with and I want to generate at least $1000/mo cash flow. In my local area, the space fees are really high so I think I'll have to go out to a more rural location.

Any thoughts or advice??