Furthermore, other affiliated chemical manufacturing is enjoying the lower feed stock prices as well.The RE market might soften somewhat, but I seriously doubt the bottom is about to fall out.

I am a contractor and licensed manufactured home dealer.1976 is the date most localities will stop allowing a home to be "permitted".

Maybe we'll see some slowdown in the loss of manufacturing jobs . . . although thanks to them, we pretty much produce nothing anymore.

I have owner financed well over 140 Manufactured homes in parks I did not own.

@Will Green- I believe your tax adviser is referring to manufactured homes, not modular homes.

They have different manufactures like Fleetwood and Friendship .

Specifically dripping faucets, wrapping outside spickets, checking smoke detectors, and most importantly when using space heaters, safety first and follow manufacturer guidelines.

I'm looking to build out one or two Manufactured Homes to sell in a market I have identified. 

Check the plumbing code, check the manufacturers recommendations and make sure its done properly.

OTOH if most of your business is fix and flipping, but you have someone who despartely needs short term housing and you rent them a house for a few months and then sell it, it might still be considered a fix and flip and treated as ordinary income and subject to SET.Fix and flipping is just the same as running a manufacturing business.