Financing MHP and other questions

[Steve NA]

Hello All,

I am new to investing in general (outside of a condo I have rented over the years). I was looking to learn more about getting into Mobile Home Parks and had a few questions that I was having difficulty finding answers to. Any answers or tips would be greatly appreciated.

1) Is it at all possible to obtain 15+ year financing on MHP? The reason I ask is because most deals I see on Crexi or Loopnet or anywhere else create negative cash flow under 7 or even 10 year terms with 7% - 8% interest rate. I am curious how others look at cash flow. To be clear my goal isn't to have a bunch of cash flow Y1 but just looking to break even.

2) How could I go about finding markets where MHP are more beginning investor friendly? I am starting to realize there has been a significant amount of consolidation in the space by private equity and other institutional investors. 

3) From research it also seems like getting financing can be difficult without prior experience in the space. Would going to local real estate meet ups be the best way to find potential investors I could partner with? Wasn't sure if there are more efficient ways to meet folks (BiggerPockets aside).

Any guidance is greatly appreciated. Thank you.