Selling POHs to Investors...Good Idea or Bad??

[Reid Hanley]

I'm curious how other park owners view the idea of selling POHs to investors who would then rent them out.   I know there are downsides to this scenario.  I've consider that the actual tenants will still likely have a tenant mentality and no pride of ownership.  Also the reduced lack of control over who the actual tenants are.  But the upside of not owning the home is obviously very appealing. I'm wondering if anyone out there has had good experience with this strategy? If so, what safeguards did you implement to help ensure success?