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Bought a lot. Tearing home down that was unusable. Tell me why I don’t want to place a manufactured home here.

The area has mixed manufactured, pier and beam with concrete foundation homes. Placing a brand new manufactured that’s updated seems entirely economical right now. Area is in TX on lake property. Why would I not want to spend 60k on a 3/2 1200sq instead of the ridiculous building costs of 150 per foot right now?

This would be a VRBO and my second investment property. Paid in cash.

submitted by /u/Refinedredneck
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source https://www.reddit.com/r/RealEstate/comments/k4by6w/bought_a_lot_tearing_home_down_that_was_unusable/
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