In December, my wife and I bought an old 1984 3/2 split level home with a walkout basement in a great area of Raleigh NC and spent the next 5 months renovating it, spending a little over $40k and pouring every ounce of energy and time we had into it.

Sure they add an extra level of protection but in reality how much more than having excellent insurance coverage?

But everyone has a different tolerance level for risk. 

This is because each property is typically evaluated on its own merits regarding the services provided and the level of activity involved.

Although I did learn a little and met some awesome folks I feel as though I learned more from this website and other free resources on the internet than I did from what I found to be an outdated home study course and this extremely high-level Three Day Seminar.The seminar I found to be 10% focused on education and 90% focused on selling the coaching programs that are designed and intended to guide the recipient to earn in upwards of $100k/ per annum in investing.   

"The Peter Principal " Says something that people will rise to the level of their own incompentence .   

Some who are on my level (~10 units) and some who have done much more. 

However, not many people are eager to do that.Once you’ve established your budget and your level of comfort with sacrifices, buy the best deal in your market.

So I don’t think you will see the same level of appreciation with mobile homes as you would with brick and mortar real estate - so i would recommend buying traditional real estate. 

The 3 and 4 bedrooms seem to be coming in around 90k to 110k which is right at precovid levels so to me they've actually dropped a bit given they haven't gained for inflation.