In my market, MOST purchasers of manufactured homes are investors; a primary resident purchaser with $30K or more in their pocket will usually apply that as a down payment for something a little more expensive.

It's a scary place up where you reside.

If there have been smokers resident in the house long term, you may end-up pulling/replacing sheet rock in some rooms {i.e. where they primarily smoked} to get rid of the residue.

So the "living in place" or however it is called phrase for seniors staying in their primary residences . . . they really just don't want the extra sq footage to, simply, worry about.

I just looked up my old residence, and the tax rate is about 1.25% of the assessed value.

It was finally nice to find someone that was going to treat this as an investment and not a primary residence purchase, besides an HML.

I currently own a rental unit near longwood medical.The doctors and residence make great long-term tenants ;pI also was able to do a flip near coolidge corner.Hope that helps.

., resident on this site.Raymond

We plan to vacay and scout out the area for our own future rental property.I would think a good property management is key too, if it's a few hours away.Or at least an infrastructure to "clean"/ inspect between visits.I have seen many different contracts. some just a page, some a novel.I have seen relaxed landlording based on the honor system.I have seen strict landlording with RULES and REGULATIONS.I have been in homes, where stuff broke and they were able to fix it right away...that is my biggest issue b/c this lake is 2+ hours awayOne vacay home had a local residence to help monitor their guests (us)

Hey there Ben, congrats on your personal residence turning out so well.I personally would say that I don't think metro areas of CA are good buy and hold markets from a CF perspective.