My business model is trying to undercut the market with our resources at our bank who owns my firm and modular home manufacturers.

Manufactures usually direct use of a leveling compound if going over old sheet vinyl to fill in the embossing so it doesn't telegraph through.

In the US manufacturing has been declining while the service sector has been growing strongly.

If you look at cities that have auto plants (US manufacturer or related to one) you will see falling employment.

There was a very large lawsuit with the manufacturer and the material was used pretty heavily throughout the region.So, some disclosures are going to be more common in the regions.I saw a few earthquake disclosures when doing deals in CA.John Corey

However, if I go 35 minutes down the road, there is a smaller city with quite a bit of manufacturing, distribution, industrial type jobs.

Vacancy rate is 17%3. middle to low class income area4. mostly retired people.Based on this information my options are:A. to purchase 2 manufactured 3/2 homes (one for each lot at a cost of $39k each) to re-sale for $80k each (after selling and other cost) I estimated a $40k profit. the negative part of this option is that based on my research, manufactured homes may not sale for that high in this area.B. to purchase 2 mobile homes for $5k to $10k each and resale at cost just to recuperate the $30k of the land, cost of Mobil homes and any other cost.C. will be to do option A but to rent each for $500 to $600 per month based on what I can get for Section 8 in that area.Please let me know what you think or if you will consider another option.Additional facts:1. this will not be a 1031 or like kind exchange (based on IRS info)2.

I have been putting in stainless steel, double door refrig, flat top stove, microwave and dishwasher all by the same manufacturer.

Consult your local DMV, manufactured housing division in your state, and talk to them about licenses in your state regarding financing and the purchase/sale of mobile homes in your state.

There are good deals in every location tho but most of the above mentioned areas I believe it will need to be more manufactured with buying something very run down and very cheap and doing a complete overhaul.