Buying a mobile home to place on your land can be a great way to generate rental income, but like any investment, it comes with pros, cons, and key considerations.On the pro side, mobile homes are typically more affordable than traditional single-family homes, meaning lower upfront costs.

They also get a small bonus on every review they generate.

If the market rents do not cover the mortgage, you may do a no ratio DSCR for a higher rate/reduced LTV  Which most likely the 1007 will be nowhere near the revenue generated by a PadSplit operation.

If your properties are generating solid cash flow or have appreciated significantly, you might be following a “smart leverage” strategy, à la Grant Cardone.

This generated $2M+ in equity, and thus is highly lucrative, but takes 2-3 years.Note worthy: I am located in California, but I did this project in Canada.

I'm passionate about real estate and how utilizing this asset class can enable me to build generational wealth and retire early.

Generational Wealth: If your SDIRA invests in real estate, those assets can pass to your heirs, benefiting from the step-up in basis (outside the SDIRA) or continued tax-advantaged growth if inherited in a beneficiary IRA.

The idea is simple: purchase a property, live in one part, and rent out the rest to offset your mortgage or even generate profit.

I think it is by far the quickest way to generate wealth.

Good market or not so much thx I'm a multi-generational New Orleanian who has been in Real Estate for 20+ years full time as a Realtor and an investor.