Tom said:
This is not meant to be a wet blanket thrown on folks' dreams, but you do need an exit strategy.
I agree, but I think the strategy we have devised is often overlooked. A couple of years ago we purchased an ownership RV site in a park in Rockport TX. We had been spending our winters in that area any so now we have our own place to come back to. On our property (~3,000sq ft) we erected a heated and cooled sewing/TV casita along with a storage shed. We can easily pay off this purchase in ~5 more years if we choose to.
As a long term strategy we see ourselves either parking the MH there when we are no longer able to tour with it or purchasing a towable of some kind to be delivered to the property while we put the MH up for consignment somewhere else. Our perspective is that if we're comfortable living in an RV then why not continue to do so? With the casita and our outdoor living area we have plenty of space.
If we choose to simply keep the MH parked we could live in it indefinitely. Sure, appliances may need to be replaced, etc, but the basic structure will last indefinitely in the climate of south TX. If it stays parked I can reduce my insurance coverage to reflect the fact that it isn't at risk in an accident. It happens to have permanent MT tags so inspection and registration aren't issues.
When we're too old to live independently on our own we can either sell the property or put it up as a long-term rental site along with some others in the community. As long as the MH can be driven to a consignment lot, someone will eventually give me a few bucks for it.
The only other eventuality I can think of is another direct hit by a Cat 5 hurricane and we are unable to drive the MH to safety (we had Harvey hit Rockport last year). In that case, I'll rely on my "agreed value" insurance policy and use the proceeds to buy a towable to park on the property.
I think it's a pretty complete strategy. Can you see any pitfalls I've overlooked?