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Updated over 10 years ago on . Most recent reply
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Watch out for those class D MHPs
A few years ago I considered buying a mobile home park in Seagoville.
I'm glad I've gone to a different asset class
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And yet the one study on crime rates in MHPs vs. 'regular' neighborhoods documents "...no significant difference in population-weighted crime rates between blocks with mobile home communities and other types of residential blocks."
http://www.huduser.org/portal/periodicals/cityscpe...
As a buyer of MHPs, I'm benefited by the fact other investors irrationally view MHPs as being 'dangerous' and don't compete with me for properties.
-jl-