Is this section 8-(or some kind of fixed income program) these units seem very low priced?

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.

Dont spend your hard earned money that should be going to buy assets for a class..

It doesn't book as frequently as the smaller house, but generates more income.

It took me 11 years, 25 properties, and 76 doors just to replace my income.

@Marc Zak Using an LLC for each property provides strong liability protection by isolating risks to individual assets, with income and expenses flowing through to your personal taxes on Schedule E.

It's also worth speaking with a local real estate agent to identify the best neighborhoods for rental income potential.

Would it be smart to tack on another 203k in the future assuming my income covers payments?

We are still seeing a majority of properties be cashflow positive from Day 1. 2) There is no state income tax in Tennessee!!

Getting a property with a partner / friend will not help you from getting hosed on taxes.I wouldn't move forward - You mentioned beng a high income earner so your hourly rate is very high.