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Updated over 7 years ago on . Most recent reply
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One Tenant owns several MH in Park
I'm looking at a 14 pad MHP that technically it is all lot rent; however, one "tenant" owns 11 of the 14 tenant owned homes and leases them privately.
Can anyone weigh in on pros and cons of a setup similar to this? I assume pros would include more consistency in rent despite any vacancy and it would be very expensive for this tenant to move 11 homes, but less control of tenant quality, etc?
Thanks!