Manufactured / Modular New Construction Rentals?

[Tony Borman]

I’m curious if anyone has experience or can provide insight on putting a new manufactured or modular home on vacant land for a long term rental. Pros/cons? I am investing in North Florida (greater Jacksonville) and see a number of opportunities for cheap land in popular areas and figured with the lower cost of this type of home, the numbers could potentially work for rentals. I’m not familiar with some of the extra costs potentially involved though such as getting city water/sewer hooked up (if needed), home installation costs, etc.

I feel like there’s even potential to just flip these properties too. Any insight is greatly appreciated!