Need advice on a MH in Torrance CA

[Arthur Fuller II]

I have never considered MHs so I don't know the right questions to ask. Today I go a lead from my web page for a woman who says she wants to sell her MH. Its a 2 and 1 and 624 sq ft. She says she owes 2k she wants 10k and will settle for 8k.

Theses are my questions:

how do I assess value?

should I just scoop it up and rent it out?

What get s paid to the land owner or the MH park? what is that called? 

and what other questions do I need to ask the seller?

Thanks

[John Arendsen]

Sub leasing in most rent/lease and resident owned MH communities can be challenging. Be sure to contact the owner/manager if it's a rent/lease park community or the HOA if it's resident owned. Plus it sounds like it might be a single wide. They are not the best MH investment you can make no matter where they are located. Finally if the home was built before June 15, 1976 I wouldn't touch it for a lot of reasons that I won't go into on this open forum.