Opinions on Mobile Homes?

[Brent Cook]

Hey everyone,

I am a new investor that is trying to get my first deal EVER! I am 21 and I have some cash saved up. I have been analyzing deals, however, the areas that I live near are very very hot right now (like many parts of the country), so I am having a really hard time finding deals that will cashflow and have good returns! Rent is also low compared to home prices in my areas. I have found that my areas have some upper scale mobile home parks that are clean. As well as plots of land with clean mobile homes on them. After analyzing they also cashflow well and some of the deals look good. I was just wondering what everyones thoughts were on mobile homes? Good, bad, doesn't matter? If you have any advice for me that would be greatly appreciated! Thank you for your help guys. I hope you are all having a great year!

Brent