Hi,  This is my first time buying a Mobile Home Park and i found a lender and he just got back to me with the appraisal quotes.

Look for mobiles on land. 

The reason they shot up is because of the marketing platform & capitalization on mobile.

Try using 411.com, white pages, zabasearch.com, anywho.com.I'm finding that a lot of services used  to be free and now charges it.Most people uses mobile phones and not land line phones which makes it difficult to trace.

If you hire everything done, it will cost a lot more than you think.I don't do flips any more because I got tired of selling a rehabbed property for a profit of 5-10 thousand, when I could make the same by renting the house for a year or two.Back to your question, buy both, the mobile seems like a steal.

Or buy a mobile home on land for less than $10,000.

Hi Natalie,Good to see you interested in mobile homes.

Are these a good investment at the right price or ?????

(those are opinions) Wherever you invest, here's a partial list of what I think should be considered:The local markets where they are considering investing (Supply and Demand, Vacancy rate etc.)Economy of the local areas (Broad based economy, Unemployment rate, Median Household Income, etc.)the types of properties in any given area (SFR, MFR, Condos, Mobile homes, Mixed Use, General Office, Medical Office, Retail, Parking lots, Marinas,  etc.)Investors may also want to look at properties such as Vacation Rentals (Which is a growing segment of the market in certain areas, and can in fact cash flow very well) though they require much more managementOther segments of the market that can cash flow very well are group type housing (sober living, transitional housing for the homeless, and other types of housing) that rent bed space and can be very lucrative.

Get smart about the mobile home park business.2.