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Updated over 5 years ago, 05/25/2019
MHP - Forcing equity by adding homes
I'm looking at some MHPs that seem to have room for new units. For instance 10 acres but only 5 homes. I'd like to add 2-3 more homes to force equity/appreciation. Does anyone have experience in doing this? I'm wondering how difficult this would be. Not sure if I have to deal with city permits, planning offices etc.. in addition to getting the homes put on site, getting them sold etc..
I'm already looking into getting my dealers license to make things go smoother in the long run..