Community input on a small mobile home park, distressed with high vacancy

[Marc Robinson]

I have an off market opportunity. 30 pad trailer park, only 19 trailers currently on-site 17 with MTM tenants. Rent roll was ~$8K last month. They are looking to get $500K for the park. 16 of the 19 trailers are park owned homes. 

Wondering about investing and then filling the park up to get to full occupancy. 

Any thoughts for a rookie investor would be appreciated. Wondering also if there are lenders that would have an appetite for this type of property?

[Marc Robinson]

Thanks Jeff... I am cooling on the idea a bit. There is a lot of these out there, I keep looking for a way to make them "work" but certainly can risk what little capital I have on a hope :)