Some thoughts would be that we offer Manufactured Home financing with as little as 5% down and as long as 25 years on a fixed rate. The home has to be built in 1976 or newer. We can go as low as a 540 with 10% down. There is no private mortgage insurance. It’s a great alternative to renting an apartment. You own the home and rent the lot, which can include amenities. The down payment can be gifted from family and friends. Sellers can cover your closing costs.
Pros and cons;
Low and predictable costs. You don’t have to pay property taxes or maintain the land and utilities. The land rental fees usually include water, sewer, garbage, and recycling pickup
Homeownership perks. You can enjoy the benefits of owning your home without the burden of tiresome maintenance. You can upgrade, paint, or remodel your home anytime you want
Community amenities and socialization. Many mobile home parks offer pools, fitness centers, clubhouses, and lakeside views. You can also meet and interact with other residents who share your interests and lifestyle
Affordable housing and investment. Mobile homes are typically cheaper than traditional homes, and they provide a stable source of income for investors. Mobile home parks are in high demand, especially for low-wage earners and retirees who need affordable housing options. Of course, there are also some disadvantages of buying a mobile home in a park, such as, Negative stereotypes. Some people may view mobile home parks and their residents as biased or inaccurate. You may face stigma or discrimination from others who don’t understand the benefits of mobile home living. Park rules and regulations. You may have to follow specific rules and restrictions the park management imposes, such as pet policies, age limits, noise levels, visitor rules, etc. You may also have to pay fees or fines for violating the park rules. Limited appreciation potential. Mobile homes tend to depreciate over time, unlike traditional homes, which usually increase in value. You may also have less control over the resale value of your home, as it depends on the condition of the park and the market demand
https://mobilehomeliving.org/advantages-and-disadvantages-of-mobile-home-parks/
https://www.mhvillage.com/blog/buying-mobile-home-in-park/.
https://www.reonomy.com/blog/post/how-to-invest-in-mobile-home-parks.