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Updated over 1 year ago,
Evaluating RTO vs POH Rentals
Hello friends!
First time park investor here, I've seen a number of properties that have substantial RTO lots, many of which were recently renovated & signed by tenants. Many of these contracts are for 10+ years before the tenant owns the home.
In theory, the tenant has a little my ownership, but when they know they're going to break, wouldn't the repair & maintenance costs be just as bad as a POH? Very interested in what are people's experiences with RTO tenants!
Thank you!