I bought a $140,000 mobile home in a Los Angeles neighborhood where houses cost millions

Source: Business Insider

I bought a mobile home and rent the space where it sits, and the pros still outweigh the cons five years later. Lisa LauretaI purchased my 771-square-foot mobile home in Los Angeles for $140,000 in 2020. My mortgage and space-rental costs come to about $2,000 a month for the two-bath, two-bedroom home.