If you don’t have the cash and don’t have a preapproval or commitment from a private money or hard money lender but you are making cash offers, that’s an issue because you either can’t close or your going to lose your EMD and waste a lot of time.

Plus some of these are on ground leases, which can create financing issues down the line.I have nothing against manufactured homes, but I think it would be beneficial if there was a comparison for short term and long term historical performance on both rents and value.

A single maintenance issue could easily turn a positive cash flow into a negative one.

@Joseph SheahanI can speak to the refinance portion: As long as a guarantor with good credit has at least 25% ownership refinancing should be an issue.

It never was an issue as the seller and his/her agent knew before accepting the contract that the buyer agent fee of X% was included in the purchase price. 

The issue with our loan would be that there is no collateral since our loan amount would be more than the land value itself if anything were to happen.

I think it's less of an issue of which is better and more of what are you comfortable with?

Hi, Not related to investing, but my own home. 

That's how I invest every month, with relatively small amounts.

Insurance has been a big issue in our market this year as companies have jacked rates out of control.