Buying such a property means that you only own the structure and not the land. For the land you pay a monthly lease fee, which as Nicole mentioned can be quite high; moreover, the land lease fee may not qualify for tax deductions even if this was your primary residence. Check this from your tax planner or accountant. Besides, it is not so easy to get a loan with good terms for a manufactured home on a ground lease vis-a-vis a single family unit that is not on a ground lease.
United America Realty