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Updated about 2 years ago, 12/17/2022
Reasons for Rent Abatement?
A mobile home park I'm looking at has rent abatement of around 3% of the lot rental income on the T12 (tapering off to around 1.6% in the last few months).
What are some common reasons for rent abatement in parks and does it impact your Due Diligence at all?
What are some common reasons for rent abatement in parks and does it impact your Due Diligence at all?