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Updated almost 5 years ago,
Should you own the MHP mobiles?
I am looking at a MHP with 20 mobile homes not owned by the renters, we would own them. They are 35-38 years old and are not in the best shape. As for the water/sewer it is in good shape. I have put it on paper and it pencils out. I own other rental properties, but the age of the mobile homes have me concerned. Any helpful info would be appreciated.