Mobile Home & Snowbird Rentals in Florida
I am considering investing in an active mobile home community in Central Florida where many snowbirds land each year. I would like to know if anyone has experience in this area. How do you handle the holding costs for the 6 to 9 months the rentals may be vacant? The park I am looking into has two 55 plus communities and a family community. They have a rigorous application process and they are willing to work with me as an investor to help get quality tenets to the park. Please let me know what advise you have for a newbie investor.
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@Terri Mooney are you new to RE investing in general? I always tell newbie FL investors to give the Invest Florida Show podcast a go. There are a few episodes that cover mobile home investing that you may find helpful and you can contact the guests for the episodes directly for more advice/info