No, you can also put it on leased land. But you will need to figure out if you want to put it on land you own or lease. When the manufactured home is set on owned land, you will get better financing options, mortgage lenders, and home appreciation. You can also refinance a manufactured home that's located on rented land, but your loan options will be different. If you are planning on renting the land, be aware of rent increases, and some communities will require that your mobile home is of a particular age. These rental parks will have rules concerning living matters such as the landlord's right to access the interior of your home, parking restrictions, children's behavior, the use of clotheslines, and others. Then there are rental parks with rules about the type, appearance, and size of allowable manufactured homes. Don't buy a manufactured home you plan to locate on the rented ground until you thoroughly consider all of a prospective location's rules and regulations.