Check out the total weight of the Hi-Lo vs. a cargo trailer of the same length / same number of axles. Also, calculate the pounds for the cubic foot volume (upright) and compare to a cargo trailer. Check out what the walls are made of behind the vinyl. Is there fiberglass insulation or rigid foam? And does the seal mate tightly when in the upright position? Will it last? Just things you'd discover after you bought anyway. Might as well know them up front, eh? No surprises.
That wide, black aluminum trailer with the extra height and the little tires is probably the most extreme example one could find of minimal weight to maximum interior volume. An old Boles Aero travel trailer is probably the extreme example in the other direction. I personally would not want either because of those extremes. "Danger Will Robinson!"

But you have to find the balance for the tow vehicle, width, height, length and fuel budget that suits you.
I currently tow a 7-wide, 12-foot aluminum, single-axle trailer with a 1-ton truck with a V-8 in it. I load the truck up with spare tires, food and water, not the trailer. I don't want the tail wagging the dog. It's hard to feel the trailer is even being towed. I like that balance.
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My goal...
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...is to live in a trailer.