Mobile Home Park for auction - what should I be thinking about?

[Todd Campbell]

I'm looking at a MHP that is for auction. It is small, only 10 sites, with 8 homes owned by the site renters. There is a management company in place (which is a requirement of mine). The MHP is on city sewer and water (which I believe to be a bonus). 

I've been renting single family homes for many years, but I don't have any experience with auctions or MHPs. 
What do I need to look for and watch out for?