Manufacture home sale or rent?

[Johana Balderrama]

Hello, My name is Johana and I pretty new to biggerpuckets, looking for build some wealth trough real state, I a Tax preparer and Bookkeeper have my firm running all year, Tax season is great for mo to get my money for invest.

I own couple family rentals and 2 fourplex, , but I have this is the situation which hopefully I can have some advice.

I own a 3 acre property not mortgage, and i just divided in 2 lots, one already has a manufacture home and producing cash flow, but the other is empty and I planning on buy a brand new manufacture home to put in the land and rent it. 

Do not find lot of info on manufacture homes about rental but just want to know for people with experience about buying this kind homes and rented.

I really appreciate any kind of advice.

[Rachel H.]

@Johana Balderrama It can definitely work like any other niche in real estate investing. I think the key is finding the right tenants and buying in the right areas. It'll be the neighborhood that will attract the type of clientele who live there and those who want to live there in the future. 

If you're interested in cash flow, it's a great route to go as long as you put the right tenants in the unit and the home is maintained on a regular basis. For me personally, I've been in the mobile home investing business for over a decade. I've had my ups and downs just like any other business. But overall, it's been quite profitable. 

Hope that helps!