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.

Buy the cheapest piece of raw land you can afford (or a mobile home) and pay all cash.

The turn off for me was location (near mobile home park?) 

I want to build a large portfolio for it to become my career.I am in the process of getting a mortgage to buy a multi-family.I have also bought a house and wholetailed it for contract for deed.We bought a mobile home 2 weeks ago and we are going to rent it for a gross of $400. $100 of that goes to the lot rent.I plan to buy another Mobile home in a few weeks and I plan to sell it.

is 13.7 a good cap rate for a mobile home park for purchase price $399,000.

It could be good for buying mobile home parks but bad for speculating on land.