Modular multifamily advice

[Brad Seidel]

Hello, After diving into modular home builds I see very little downside other than potential timeline sliding longer than anyone wants. 

Is anyone out there purchasing land then placing modular multi family homes on them? I’d love to hear more from you!

I am currently looking into Toledo Ohio, and Colorado Springs,CO. I am about to sell two of my current duplexes to fund these and with the avg age of multifamily homes in the 60-70s and typically in really poor shape these modulars seem like a good idea for a buy and hold.