There Is Still Money To Be Made In 'Mobile Homes' In Today's inventory strapped San Diego Coastal real estate marketI am frequently asked if the market is still ripe for investing in old "Mobile Homes".

Frequently, the CC&Rs will contain terms to keep the HOA going even if the corporation that was formed to function as the HOA is dissolved.

People will frequently rent as a means to reduce commuting time, distance and costs.Even if the rent might be the same as a PITI mortgage payment, some will STILL opt to rent to avoid maintenance and to have more amenities.

A partner was handling the exchange and was considering some replacement choices that turned out to have problems.I'm aware of the DST (Delaware Statutory Trust) option but the ones I've seen have large upfront loads even apart from other fees (though we've been offered commission discounts).I read a post here mentioning Virtua Partners, which states on their site: 'Frequently, investors pay a 15% load, which reduces the amount of money available for investment and damages investor returns.

I pass this property frequently, and get excited every time I see it.  

Hi @Stephen ColeI am faaaar from a marketing expert, but I assumed the word "ugly" was frequently used because it weeded out people delusional about value/condition of the home, and attracted people that were realistic/motivated. 

Annie - As someone who invests out of state frequently, I understand your challenge well and I'm sorry that you're going through it.

@Rafael Dalmasi I know it says your from New Jersey, but we host a free monthly meetup in Westbury, NY mostly around Multifamily, but we bring in guest speakers fairly frequently and there are great people to network with as well in other aspects of real estate as well.

I personally work primarily with C&I loans (commercial non-real estate) but since the credit department of the bank is fairly lean I have some exposure to real estate lending (I frequently see appraisals and commercial real estate credit write ups, etc.) 

So please give me your best answers to this very frequently asked question!