Mobile Home Park 1st deal

[Adi Conciu]

Hi,

Recently I drove through some parks and I found 1 or 2 decent deals. This would be my 1st time getting into real estate and mobile homes. While I would be able to get a good price on the homes, I am worried about the $500-600/month fee these parks charge, it seemed high to me and I am not sure if I would make a profit from someone who would buy it. From someone who has experience with mobile homes rentals and fees, is that too much? Would someone who would buy the home from me through sellers finance be able to afford the $600 fee plus the finance cost? Should I try to start in a park where the fees are $200-300 in order to make profit? thanks.