The type and size of a newly constructed property can depend a lot on what’s around. In a neighborhood stacked with single story 3-bed, 2-bath brick homes it’s probably a good idea to follow that format. And if the houses do look almost exactly alike with the exceptions of color schemes and roof investing in modularpitch, it’s likely that your design must conform with established building codes and home owner restrictions.

You can build small, medium or large but you do need to blend. But building a new rental from scratch can also mean building using an alternative building method—modular construction.

Modular construction is not to be confused with manufactured housing or mobile homes. Manufactured housing is completed at the factory and shipped to the sales lot. Mobile home villages are filled with manufactured housing. With modular construction, various components of the structure are completed at the manufacturer then delivered to the lot to be assembled. A mobile home is easily recognized as such. A modular home looks like, well, a home.

Modular homes are ordered through the manufacturer’s list of plans, the order is placed then the components delivered to your builder. The timeline for a modular home is shorter than a similarly sized traditional property because the main parts of the home are already built. Modular homes can be simple plans or as elegant as they come. In fact in some newer areas modular construction is required. Should you consider a modular home as a rental?

Why not? As long as there are no restrictions a modular home project should be evaluated just like any other. Are you going to sell the home once completed? If so, will the profit outweigh the time and treasure it took to build it? If you’re going to sell, modular homes qualify for any conventional or government-backed mortgage program so your buyers can finance the property. If you’ve never thought of modular housing, do some research. The quality as well as the price could surprise you.