Mobile Home Park Investors

[Charles Roby]

If there are any fellow mobile home park investors out there, it would be great to hear any input you might have.  I'm a partial equity investor in 4 parks in Michigan.  I know the lead investor and park manager well.  They are currently looking to raise capital to purchase additional homes for one of the parks.  The occupancy is below the ideal level in this park because there are empty lots, ie the homes don't exist.  There seems to be fairly solid demand to rent the homes out.  This would be structured as debt and would be my first experience with this type of structure.  Any thoughts regarding this scenario are welcome.  Thanks very much!