When it came to a mobile home on a leased land property, aside from the cost of $600/mo or more, my concern was what happens when the owner passes away or no longer can use it and it becomes the responsibility of their family or estate. If the place couldn't be sold right away, they'd have to pay that rental fee until the home was removed and the property returned to its original state.
With a permanent structure, at least that removable liability is removed. Don't know what the actual story would be but I'd guess that the community would renovate the place if needed, eventually selling it and the estate would only recover the original investment after expenses had been deducted.
Message Thread | This response ↓
« Back to index