Mobile homes can create an excellent cash flow. If you purchase mobile homes that have the land attached you can rent the whole, sell the mobile and rent the land, sell all of it and carry seller financing. You also get the appreciation on the land. The large cash flow, good appreciation on a small investment can make huge ROI's for you.
Selling the mobile and renting the mobile can also defer the maintenance and its costs to the buyer of the mobile. They own the mobile and need to cover the repairs. What repairs are needed for the land? Occasionally you will have buyers that ask to fix the plumbing but you can put in the contract that they cover this.
If you work with mobiles without land you do not have all of the benefits but you can still rent or do seller financing (which can still make huge returns).
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125