If youre trying to get it done under 20K it all adds up really quick.If the garage doesnt pan out and this is in a smaller town where mobile homes are permitted, you could plant a decent one on the lot for near the 20K and get $500 -$600 with the garage.

The mobile home industry hasn't had the luxury to go upmarket.

When I called several local mobile home dealers, I found out that 15 to 20 year loans are available for mobiles.

I bought a property in Trumbull County Ohio, and it came with a mobile home on the lot.

It is rural land, but in a neighborhood with mobile homes.

So, right now, I'm looking to find a mentor, learn all I can and have a particular interest in wholesaling, tax delinquent properties and mobile home properties (Warren Buffett is brilliant)!).

Robert,If the objective of your purchase is cash-flow, then appreciation matters little - don't get me wrong, it's still nice, but the success of the investment does not rely upon it.Matching your product - in your case, single-story (ranch style) duplexes - to your clientele ({nearly} retired, aging tenants who do not wish to contend with stairs as they grow old or those with mobility issues), whether done explicitly or intuitively, is the key to low turnover.We are considering a multi-family unit which is comprised of 25-row houses in a single story garden home format as it has an appeal to our aging population.

Mobile home notes would be a good start at that price point.

Recently came across a mobile home park that has a 3/2 block house on it.

It is a mobile home park, with 48 lots (leased for $150.00), no park owned homes, and pays for their own utilities, 44 lots occupied.All Annually These expenses are from the park, Real estate taxes: $2593.50Outdoor lighting: $672Liability Insurance: $500Lawn: $720NOI:The gross NOI is $79,200I Would Add Or Change To The Following Expenses, Such As:Management: $ 3,168Other: $ 300Lawn: $ 1500Insurance: $ 1000Travel: $ 800Loan from bank:Interest from bank: 6.5%15 years amortizationLoan for down payment:Interest for investors: 8%Questions:It seems every park I run into there is no money left after I pay back the bank and investors.