Modular House as a Long Term Rental

[Jason Merchey]

What do folks think of modular homes? Not manufactured, of course, not trailers, I mean like factory-prepped, crane-assembled modular, for about $100 a foot. My thinking was that it would be a quick, reliable, durable house to rent out - compared to a national home builder that I'm a bit wary of. The other options of course are pre-owned or custom-built. I'd have to buy a piece of land as well, of course. 80 day construction process. Am I being suckered by the PR surrounding modular (the controlled conditions of the factory, the overbuilding, etc.) or is this a good way to create a good long term rental property?