Mobile home question?

[Jairus King]

Good afternoon all,

    Had a quick question! In analyzing the mobile park world I continue to hear that it is best to own the land and let the tenants buy the mobile home. I do see the benefits as this takes maintenance out of our hands. However I was also looking at the drawbacks and was hoping to have anyone weigh in that is familiar with running a mobile home park.

Question?

1. If you own the land and say charge for homes that once belonged to the park..... Wouldn't that be a fixed cash flow?

Meaning that if the lot rent is.... 300 for your tenants.... It will never be able to grow unless they somehow leave or you add more lots?

I only say that because that income is good for now... but will it still be great in ten-twenty years??