Ya really gotta have money to burn to go out and buy a new mobile home. Just figure on any money you spend for it or on it will never be retrieved.
CONS When buying land that happens to have a mobile on it normally it's viewed by one of two things. A deduction in the land value determined by what it will cost to have the mobile removed. Or Possibly an addition value determined by any development, such as land clearing, roads built, septic systems installed, wells drilled, electrical services installed IF applicable* to the construction of a conventional stick built home then of course minus the costs of removal of the mobile home.
Any supporting structures should be considered as well, shops, garage, etc. but they must have been legally built. I've seen permits for new homes held up until all un-permitted structures were removed from a property.
I've seen it work out for folks buying land where a livable mobile already existed. It gave them a chance to buy now build later.
*Just be cautious and know what you are looking at when considering value of existing utilities (ele. well, septic) that it is sized to accommodate the home one might plan to build or even be legal. If it's legal there will be paperwork available. If there is no accompanying paper work just consider it illegal (un-permitted) when considering value.
Banks rarely loan money on undeveloped land unless the loan is combined with a construction loan for building a new home.
In more developed areas if mobiles are legally permitted it reduces land value.
PROS Instant livable home. You can buy it one weekend and move in the next. They can be like sex with a cheap hooker, instant gratification but you're sure to be sorry later.
Most are rather cheezy with low grade features and construction unless ya spend a lot on it then you can have one that's just sorta cheezy.
Any savings recognized in buying a mobile over a stick built home will quickly diminish in the form of utility bills for heating and cooling. And of course a huge loss on re-sell.
