Vacancy rate is 17%3. middle to low class income area4. mostly retired people.Based on this information my options are:A. to purchase 2 manufactured 3/2 homes (one for each lot at a cost of $39k each) to re-sale for $80k each (after selling and other cost) I estimated a $40k profit. the negative part of this option is that based on my research, manufactured homes may not sale for that high in this area.B. to purchase 2 mobile homes for $5k to $10k each and resale at cost just to recuperate the $30k of the land, cost of Mobil homes and any other cost.C. will be to do option A but to rent each for $500 to $600 per month based on what I can get for Section 8 in that area.Please let me know what you think or if you will consider another option.Additional facts:1. this will not be a 1031 or like kind exchange (based on IRS info)2.

My wife and I began investing in Real Estate in 2011 as a retirement vehicle to supplement our 401K's, SS, and her pension (honestly we are not relying on SS).

How stable is it?

He's retiring, essentially, and just wants to be done with it.That said, our current plan is to fully rehab one of the units and then approach the college and find out if they like what they see enough to sign some kind of contract...whether they want to buy, lease, etc.

NV & AZ are the two destinations most of our well heeled retired cohorts toss out so it would be interesting to see the demographics of NY's to NV & what they buy ?

I invest in a pretty low appreciation/stable market (Pittsburgh), but my preferred investment neighborhood is doing quite well for the past few years (say avg. appreciation about 5%.)

For me, real estate is a retirement vehicle, a diversification strategy, and a hedge against inflation.

It's not that they are turning me down.. it's that I am retired early and I am on a fixed income.

You just need a few more and your ready to retire!

The wife won't let me "retire" yet and do this full time