I would be thorough on inspections so you have a good idea of the mechanicals.

Does anyone have experience and want to discuss puting inexpensive prefab/modular homes (not mobile homes) on vacant lots?

My point is it's part of our wiring to be suspicious, it's a survival mechanism and that's good.

As I long warned on the math of inflation, it does NOT work in a singularity, inflation is a mechanism that has waves.

See attached Excel summary sheet.Investment Highlight89% Physically OccupiedSupply Index in a 3-mile radius of 6.8 SF/Capita, 5-mile radius of 7.7 SF/Capita, and 10-mile radius of 8.3 SF/CapitaAdditional Income generated from 4 mobile home lots and 1 mobile home (Not Verified, as thus not included in underwriting assumptions)Key Underwriting AssumptionsDown Payment 25% of Purchase PriceEstimating a CAPEX/Repairs cost of $150,000Estimating Operating Reserves of $10000Stabilized Vacancy and Concessions/loss to lease at 10%Using a cap rate of 7.23%Key Demographic DataTotal Square Footage 21,130 Supply Index: 6.3Population 3,338 1 Yr.

Build mobile home on the vacant lot I understand the cost involved for rehab the existing house.  

I look Monday through Friday at Facebook Marketplace, my MLS, KSL.com, and the Mobile Home Park Store. 

Hi all,I recently posted about this topic and unfortunately did not receive any responses.I have recently established my land acquisition business with the goal to purchase parcels of land, either within data center opportunity zones or areas with the potential to allow for data center development, rezone the property with submitted plans, then sell to developers ‘shovel-ready’ within the various jurisdictions of the Commonwealth of Virginia.I understand there are multiple mechanisms that come into play including obtaining financing (partnering with an experienced investor), utilizing land-use attorneys, land surveying and engineering firms, appraisers, as well as approval from local planning commissions, board of supervisors, etc.Would there be any investors who are currently active in this niche?

I just closed on a 23 unit mobile home park, almost all lot rentals.

RV parks, mobile home parks, house hack rentals and such are the way we are headed.