Seeking advice on how to think about weather risk in MHPs

[Justin C.]

How would you think about the risks of buying a park in a tornado prone area?  What about a 100 year or 500 year flood zone near a river? 

What does the worst case scenario look like for the park owner and how do you quantify this to get comfortable underwriting a deal?   What types of insurance are available for this and do you recommend purchasing them?  Thanks.