As Scott pointed out, the transportation of the modular adds significantly to the cost.

As others have said, this is an unregulated industry and scammers are plenty.

A good next step would be to look at major commuting routes and an aging housing stock that has good access to transportation with positive employment driving housing demand.

To you, he might have been an investment counselor asking you to get into an unregulated investment without proper disclosures.

I do have couple clients that have bought multiple condo units with parking spaces in Downtown and for the last few years they could not rent them out, as most of the new tenants don't have cars, they use uber and public transportation. 

Another was for a medical transport van reporting she wouldn't get out of the van, but again that had resolved by the time she showed up.

Even if its half a duplex close to transportation. with roommates it might be doable. 

We have zero zoning/restrictions on use on OUR road at the moment, as we are in an island of the unregulated "county" that is surrounded by the more regulated "town") in a thriving college town.

You can look up active licensed civil/structural engineers by going to the TX board of Professional Engineers website. https://engineers.texas.gov/roster/pesearch.htmlNow, keep in mind that not all civil PE are the same... sub-disciplines of civil engineering includes engineers who specialize in material science, coastal, earthquake, environmental, water resources, geotechnical, structural, transportation, etc... 

Hello All....I was wondering about the Texarkana region of Texas for investing in Multifamily property...I don't know the area and I was just wondering what the opinion is of the area....is it a dead zone or does it have potential for some future growth or at the least, a good place to invest for stable cash flow.I spoke with some brokers today and I got two very different viewpoints...one guy flat out said it sucks and my money would be better spent elsewhere and another painted a rosy picture with lots of business and transportation going on in the area...I would love to get the opinion from people here on BP as I value my fellow investors in the area with boots on the ground.I realize its not one of the hotter markets that is in the news all the time...I am looking for a good stable market that isn't dying and has potential for at least some future growth.....thanks for the helpJeff