Best books on MH investing?

[Josh Buchanan]

Interested to know the best/most beneficial books on mobile home investing you have read. I live in rural western NC and mobile homes in and out of parks make up a large % of the housing. I’m interested in branching out into this area and would like to read as much as possible to gain some further insight. Smaller multi family units are hard to come by so I think mobile hikes may be a good alternative. 

[Frank Rolfe]

I would read the following:

1) Any of the books that Dave Reynolds and myself have written (OK, that was obvious).

2) Sam Zell's book "Am I Being Too Subtle" not for the MH component (only about 4 pages although he's the largest owner of mobile home parks in the U.S.) but because it has excellent discussions on the concept of risk vs. reward which applies well to mobile home parks.

3) "The Man Who Bought the Waldorf" which is one of the greatest real estate books of all time and tells the story of Conrad Hilton and how he built a fortune, lost everything in the Depression, and then bought it all back for a penny on the dollar later when everyone else would have just jumped off a bridge. It's hard to find, but if you can you should lock it in a vault after reading it as it can really get you pumped up on a rainy day. 

I would also recommend reading every article about mobile home parks you can find on the internet, as well as the publication "The Manufactured Housing Review" produced by Kurt Kelley.

You should also start watching American Pickers and Pawn Stars on the History Channel as they are great regular refreshers on the art of negotiating.

The bottom line is that you an never get too much information, and you are smart to realize that. I read about an hour a day on a huge number of topics because I think everything applies to mobile home parks in one way or another.