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Updated about 7 years ago, 09/30/2017
Due Diligence when considering purchasing a mobile home park???
From a new MH inverstor, I am looking for some good methods for due diligence when considering the purchase of a mobile home park. I pasted on an opportunity recently because I really didnt't know how to go about verifying all of the items I would need to check before making such a large investment. Having that said, I am not sure even what to look into.
Is there any seasoned investors out there that can give us new guys some insight into this side of the mh investing?
Could you list what you check, how you analyze, how you inspect, how you value, and of course anything else that you do that helps to make an informed and educated decision when considering buying a park.
Thanks for any and all insights!