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Putting in a park model home or small home?

I'm 30 years old and I live in Florida. I have about $130k in savings but I only make about $40k a year. I'd buy a house but lately it has gotten to where I can't find a halfway decent house that I can afford on my salary and it's just me so I don't need anything big. Like many places inventory is low so prices are high and I just don't feel comfortable taking on $100k+ mortgage debt and spending all of my savings on the down payment with nothing left.

Everyone I know seems to have gone wild and gone into huge debt to buy their nice fancy $200k homes. To each their own, but I remember the real estate crash and I couldn't sleep at night doing that myself.

I've lately considered that buying a one bedroom one bath park model would be perfect for me. But the only places around here zoned for that are parks where you have to pay lot rent and be over 55 years old to live there.

As far as I know any good neighborhood won't let you put in a mobile home. I'd have to live somewhere out of town with acreage to do this which I don't want or need.

I've also considered buying property in a subdivision and having a small home built, but most subdivisions require at least a 1400 square foot home at minimum. Which I can't really afford to build at this stage.

I looked into condos as well, but I really want a small yard and workshop. And most condo buildings are for over 55 as well and also have ridiculously high association dues that completely negate the cheaper purchase price. And they will charge extra fees for exterior maintenance on top of them.

Honestly I've run out of ideas. I just want something nice, that is mine, that I can afford. But it seems like I've made a huge mistake waiting so long to buy a home, and it will never be a buyers market again. Renting is nice because you aren't stuck with it and the repairs, but I want to be able to make my own changes to the property, and at my salary all there would be is a small apartment anyway since rent has also gotten especially high here. There's now way I could afford to rent a single family home on my salary.

submitted by /u/lifehouse07
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source https://www.reddit.com/r/RealEstate/comments/l95o71/putting_in_a_park_model_home_or_small_home/
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