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Updated over 9 years ago on . Most recent reply
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Minimum 1 year lot rental in Florida?
My experience has been primarily in buy-hold-rent and am just learning about manufactured homes since hearing John Fedro's podcast. Am I understanding the Florida Statute correctly that if I buy a mobile home where I pay monthly lot rent, I am locked into a one year rental agreement? I guess I was under the impression that since this is a snow bird and tourist state that there were shorter terms.
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I am a beginning investor in Florida as well. I haven't heard about renting for just 1 year. I am also a huge fan of Johns pod casts. I think the best investment is to sell a trailer though paymentS opose to just renting contracts. That's my take on it but I'm just a newbie still.
mark