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.

Let them know how much you enjoy living in the home and mention that you’re planning to buy your own property in 2025.

The mountain house has taken almost 2 years of breaking even and using some of the income on improvements until we have been able to cash flow.

I am going to be moving in the spring and will begin renting out my current place of residence at that time. Working on getting everything in order. Has anyone ever made a "Homeowner's Manual" to give to the tenants w...

She paid us up front for 12 months of rent & then paid herself each month & at the end of year 1 she paid us for another 12 months...she did this until her credit improved. 

I use Foremost for my mobile home investing business with the properties I buy and hold.

Yes, you can put down 10% for a second home, HOWEVER the rate adjustments for a second home and investment property have been the same for several years now.

So, the focus on new investors creates allowable concessions in favor of new people, but that doesn't improve the forums.

Next year, I plan to purchase a second home and move into it.

Separately from all of that - I recommend reviewing your lease up procedures to improve verification of signing tenants and their agreement and aware of terms and conditions.