Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Mobile Home Park Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 12 months ago on . Most recent reply

User Stats

737
Posts
619
Votes
Logan M.
Pro Member
  • Investor
  • Provo, UT
619
Votes |
737
Posts

Vetting Felons, Drug Addicts, Sex Offenders and Poor Credit/No Credit

Logan M.
Pro Member
  • Investor
  • Provo, UT
Posted

It is inevitable that when you are in the MHP/Affordable Housing space you will have applicants who are Felons, Drug Addicts, Sex Offenders and have poor credit.

Here is how I handle each of them:

Felonies: It depends on the felony but we don't allow any felon that had the crime occur within the last 2+ years and I am very careful about this.

Drugs: I try to be compassionate but I have found that any recent drug offenses lead to a lot of bad behavior. I won't go into details but I have tried to work with many tenants with drug issues and have yet to not have it hit me with a huge financial hit.

Sex Offenders: Nope, I have a policy for No Sex Offenders. No exceptions.

Poor Credit/No Credit: This depends but we will do double the deposit or pre-paid rent etc.

I know every state is different but we find that if we make sure the tenants getting into our parks have a good history the park runs a lot better.

  • Logan M.
  • Most Popular Reply

    User Stats

    11,746
    Posts
    13,631
    Votes
    Bruce Woodruff
    Pro Member
    #1 Contractors Contributor
    • Contractor/Investor/Consultant
    • West Valley Phoenix
    13,631
    Votes |
    11,746
    Posts
    Bruce Woodruff
    Pro Member
    #1 Contractors Contributor
    • Contractor/Investor/Consultant
    • West Valley Phoenix
    Replied

    I would not rent to any Felon that had a serious or violent felony conviction...., sure,  some felonies are less troublesome but I would draw the line

    Loading replies...