Link to video
Short video about buying a manufactured home and its true costs.
Buying land and a new manufactured home was something I considered for a minute.
I decided it would be too complex and expensive not to mention these homes are made of new materials that are filled with toxic chemicals and would smell like it not to put too fine a point on it.
The attraction was land but all things considered I'm glad I won't be buying a mobile home (words used if built before 1980) or a manufactured home.
The safety factor in winds, floods, tornadoes (we had one here!; my first), and hurricanes by itself rules it out for me.
There's nothing safe about them. One here got almost reduced to matchsticks during Milton. My roof got torn apart. It started raining in my house a few months later. I had to buy a new roof. It took an entire year to fix the damage I could and to clean up the mess.
One in a park across the street actually got lifted into the air and then dumped upside down during the tornado.
I see several here that were clearly lifted into the air at some point and landed on their iron rails in a jacked way leaving visible damage and nothing where it should or like it should be. These ended up still being livable.
A number of homes have basically been abandoned out 400 total. These are on the market for 10k.
The one place I like in this park sold as of yesterday.
I always wanted to live in a small concrete block condo building built in the 60's and 70's since I lived in Hawaii. Those apartments were mega $ as you might imagine.
I think I would like living in an apartment building. Even before living for almost two decades in Hawaii I wanted to live in an apartment in the City. I thought great. No snow shoveling. Nothing like that.
Oh, and I learned that private equity firms often buy land lease parks, decline to renew the leases, effectively putting people in the street, renovate all the units, and then rent them. Yikes!
