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Updated about 1 year ago, 10/12/2023
Trailer House Rental(s)
We came across some trailer house units to possibly purchase and long term rent. All of them are rented now and have good cash flow. Several of them are not in the best condition, so we are looking at probably purchasing only four of them that are in good condition at first. Being new to this, what should I be aware of or ask about before we purchase them? I have a breakdown of the current owners costs (lot lease, utilities, rent rates, etc.) but nothing else proving these are accurate. My concern is that I am not getting all of the information and it won't work out the way I think it will. Any advice or thoughts would be great! Thanks