I decided not to go ahead with the deal but alot of useful information has been offered by many of you.

It may not appear this way on the surface but you are going to come out ahead by focusing on purchasing fewer but quality assets rather than becoming a door accumulator.

@Tim Charles You can pay that debt off ahead of time if you want.

I own thirteen mobiles in one of my parks and the only way it pencils is that we A) take very good care of the homes staying ahead on the maintenance, B) Rents are high in the area so we can charge $550 over the pad rent which is $450- so $1000 per month.  

In today's world you have to use risk to get a head and risk is another word for equity and credit.It takes Money to make Money - and credit and equity are money just in different forms if used correctly.

But I feel I see some people grow rather rapidly. wasn't sure if they were using some sort of other method to get ahead. 

While that's certainly not ideal, my leverage was low to start with and my loan maturities were ten years so I have staying power to sell into a better market.Looking ahead, anything I'd buy would have to cash flow out of the gate in a higher-rate climate. 

I will, of course interview and do my own due diligence with these companies, but I just wanted to get an idea from everyone that could possibly give me a heads up on who's great or who to stay away from.

It would be unfair for me to give any kind of general satisfaction/unsatisfaction because there is still a lot ahead to be determined.A quick snapshot:-Purchased lot in February 2022.  

So I always try to plan ahead, triple check my due diligence, and be VERY conservative with my underwriting.