Permitting costs can be reduced for facilities with multiple buildings ongoing as they can negotiate discounts and use a third party to permit that is certified by the state.Now, you do need to transport the home, but here distance is a factor, sure if you are going to ship 100's of miles this can add up but in general there is a service area for delivery at nominal cost.Those designs over 1 story will cost more as you need to rent a crane but that is another area you can manage cost.In the end I am pushing back against a blanket statement that "modulars cost as much and are built to poor quality" because frankly that is wrong.

@Yocheved Beer There's quite a few factors here.

The closing costs and fees seem very high.

I'm still learning about what's realistic and possible, so I don't have this number yet- minimize taxes- protect liability exposure- if SDIRA is the right answer, the fees for custodians looked high - but moving the money will means saving my capital against market loss in my current Roth at the next downturn, so maybe the fees pay for the added security and additional benefits of REI.It's helpful to write this out.

Late fee is charged on the 5th.

So, if I sell the lot for 100K, and pay 4000 in fees, net of 96K.

What factors did you find most crucial in making your decision?

In return, the borrower usual pays a lot more in closing fees and might even get stuck with a Dutch Loan.

:PFrom my experience in the mortgage note lending world, your annual yield should be closer to 20% since you are getting fees for underwriting the deal and paying off the deal.

I am aware of the headache factor with this but I'm really just wondering if the demand is there.