Beware government costs and obiligations

[Logan M.]

During due diligence for mobile home parks, it is impossible to make a 100% known decision. 

One of the purchases I made this last year not only had all sources of business licensing but required us to go to an education course and get a certification to manage a mobile home park.

If you are willing to put in the work it may not be a huge deal but as you scale make an extra effort to know the differences between local and state laws. Being affordable housing means there are a lot of feelings about how manufactured home communities should operate.

The picture attached is the community that requires those licenses.