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Updated about 1 month ago on . Most recent reply

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Tom Grieshammer
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Manufactured Duplex Rental

Tom Grieshammer
Posted

I’m 26 and I’ve saved up 120,000 and want to get the best bang for my buck in real estate. I’m considering buying a plot of land in the Cleveland area and getting a manufactured home (duplex if I could find the right zoning) put onto a permanent foundation to use as a long term rental. 
Will this be a more lucrative long term move than just buying an existing duplex or is this needlessly complicated

Thanks

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James Wise#3 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
19,522
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28,420
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James Wise#3 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Replied
Quote from @Tom Grieshammer:

I’m 26 and I’ve saved up 120,000 and want to get the best bang for my buck in real estate. I’m considering buying a plot of land in the Cleveland area and getting a manufactured home (duplex if I could find the right zoning) put onto a permanent foundation to use as a long term rental. 
Will this be a more lucrative long term move than just buying an existing duplex or is this needlessly complicated

Thanks


 It's needlessly complicated. Additionally zoning restrictions are going to all but eliminate most every plot of land in the Cleveland area. 

Just buy an existing duplex.

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