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Updated over 1 year ago,
Investing in manufactures homes?
Hello!
I have recently begun looking into buying my first investment property. I have found several, recently renovated, manufactured homes that could potentially have a 1.5% rent to price ratio. Is there any reason to not invest in manufactured homes? Any downsides that I am not aware of? I learned that you may own the home but not necessarily the land its on... should that deter my decision? Is there anything else that I should know about?