Carrying notes on mobile homes-both park and land home

[Patrick Sears]

Hello,

Been thinking about originating notes on mobile homes.  What do you veteran MH investors out there think of doing park (chattel) homes vs land and home deals?  How about when I go to sell front-end partials on these deals to get my money back out-how would you value/discount the notes on park homes vs land-home vs lower income stick-built homes?  What yields would you be looking for on these various types of partial notes, assuming all else (down pmt, buyer credit, etc) was the same?

Thanks!