Land Lease Investing

[Collin Goodwin]

After scrubbing several books on MH investing, I have seen three prevailing flavors of MH investing: Land Lease (Renting/selling a home on leased land in some one else's park), MH+land, or MHPs. It is apparent that land lease deals have the lowest upfront cost as you only have to provide the MH which can be acquired through semi-lonnie deals (somewhat a strategy of the past), or even homes that are being given away on the contingency of having them moved. Possible downsides are control of terms, getting approved by parks to even do this, tenant turnover/maintenance, etc... but could potentially generate cash flow to help acquire more sound investments. Anyone have any experince doing deals like this?