As some of you may remember, my wife and I are expecting parents. She is 19 months now and we are planning on buying a mobile home this upcoming month (we are waiting for the land to be ready -- grandparents are giving us little under two acres). My question is to you older, more experienced home buyers, is a mobile home so bad? I know it doesn't go up in value, but I also know that when we are done with the trailer we could always add on and give it a solid foundation, or even build a new home and rent out the mobile home.
But my question is: would it be a good choice if we want to stay in the 300-500 dollars a month, and have a nice home to live in? http://claytonehouse.com/# that is the mobile home we are considering -- it's very nice. With it furnished and all the extra fees, it will be around 60K.
What do you guys think?