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

I bought a mobile home and rent the space where it sits, and the pros still outweigh the cons five years later.

Lisa Laureta

• I 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.
• I'd love more storage, but I'm grateful I have outdoor space and affordable monthly payments in LA.

I've been living in a 771-square-foot, two-bedroom, two-bath...