Mobile homes on lease-to-own contracts & inspections

[Matt Matyas]

I'm in the process of purchasing a mobile home park. It comes with 8 mobile homes (most are only 1-3 years old) that were purchased by the park; the park owner holds title to these. The 8 mobile homes are on lease-to-own contracts with the existing tenants, and the homes were positioned to the tenants as effectively being their homes; if all goes well, the tenants will make all required payment for 10-15 year periods, and will gain title to the homes at the end. Though if there were a default in the meantime, the park would repossess the homes. As a buyer, would you require an inspection of such homes?