Renting mobile homes

[Kyle Wheeler]

Thoughts on renting mobile homes? I plan on buying cheap vacant land from 20k-50k. Average mortgage - $150 and then buying a mobile home, guessing around 20k-40k and then renting that out for anywhere from $800-$1200, based on average rent in the area. Anybody do this? Thoughts?ideas?comments? This will be my first step into real estate and I am thinking hard about this just because of how cheap it is and the ability th gain equity and rent and own land. I am 23 years old, property manager and have been doing so for about 3 years now. Thanks