Posted by Phil Pelletier on July 14, 2003 at 01:14:10:
Be careful. You don’t have as much control over the siuation as you might think. Once you gain control over the home (i.e. you are living there and paying lot rent as well as your payment to the previous owners), you are not allowed to rent the place out (in most cases, anyway), and you will have to pay lot rent even if you decide to leave the place to pursue other things. Mobiles are tough to get rid of these days. Know what you are getting into and have a clear exit strategy before you buy.