For under $300k, both shipping containers and modular homes can be great options—modular might offer a bit more flexibility with design. 

If you're a wholesaler, one much understand that a rising tide raises all ships.

And they definitely needed that $200,000 for this renovation project, because as you can see, they and a lender who deployed the funds for this would likely be boarding a sinking ship. 

The sponsor is the one driving the ship, the one making decisions, the one who has to communicate, the one who is the bearer of good and bad news!

@Pavan Sandhu, I ship dozens of containers worth of products all around the world.

Eliminates shipping costs on big pieces this way.

For me personally, I want to control the finishes.. light fixtures, plumbing fixtures, cabinet pulls etc I will purchase and have shipped to the house.

I would draw a circle around 30 minutes of you in all directions (not into the water of course) and then 60 minutes and run some data there first before packing your money up to ship off to a market you don't know.

Once they do, that usually means they are a sinking ship.

I'm exploring different options for building on vacant land here in CA and am very intrigued by pre-fab home designs (Walls etc.. are assembled in a factory and shipped to site).