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Updated about 4 years ago,
Mobile Home on residential lot
Hello all,
I got wind of a mobile home that is for sale in upstate SC for 20,000 on a half acre lot. It seems like a good deal, but I don’t have any experience in the mobile home market. I do understand that they depreciate over time, and they are hard to finance. The cash flow will be great for the area, but what are other pitfalls to consider?
Thanks