Quote:
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"As I mentioned, I am thinking about buying a home in TV in the 100k range. I have seen several manufactured homes, even furnished in that range. I would like to use it as a rental for about 5-6 years then a winter home in 10- 15 years. I would probably use the home for a month in the in-between years..."
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I'd look at
where and
what type of home you want to live in 10-15 years from now.
Is it the place where
you would most like to live, in TV?
Is it a type of home that keeps its market value and is sturdy enough to withstand tenants who don't care about it as much as you do?
I'd look at trying to break even or less, but not to make a profit by renting. And I'd call a reputable property manager people highly recommend here on TOTV.