Mobile Home Park deal analysis

[Gulliver R.]

I'm analyzing a MHP in Idaho, it's a 10 space, 2 park owned homes, 2 vacant lots, city water/sewer (tenant pays), and below is the pro forma. I'm using conservative numbers when analyzing this deal 40% Rule for the expenses.

Can any MHP investors provide some input on other operational expenses there can be, cap expenses, and anything else I should consider? Thank you.

[Account Closed]

You want MHU http://www.mobilehomeuniversity.com/hosted/landing/mhu-hawk/index.html?PhoneScript=ppcMHU&gclid=CMHN-qKc_9ICFQJsfgodS3ANzw

I've thought of MHPs. I would turn the MH deeds over to the renters and just collect on the land lots.