About to make offer on MHP, should I do LOI or contract?

[Tim Rainey]

So I am getting close to hopefully making an offer on a mobile home park, my first.  Its the original owner, an older gentleman.

So assuming we come to terms, would the next step be an LOI or contacting a real estate attorney for a contract? I want to move quickly if and when we initiate this, so anything I am trying to have a plan in place and have anything ready that I can when the time comes.

Thanks,

Tim