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Updated about 4 years ago,
Long Distance Mobile Home Park
Hello all and Happy New Year!
Looking at potential Commercial Multi-families to invest in the next year or so and have come across a few mobile home parks that have interested me. For those of you that own/manage mobile home parks what are some things you look for in a potential deal? What are some problems that might arise from someone trying to manage from out of state?
So far I have been leaning towards tenant owned units that pay utilities directly to the city. Any other suggestions?
Thanks!