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Quote from @Matt Charney: Hello BiggerPockets community!

Google maps shows quite a few "Manufactured Home Communities".

Hi Richard, welcome to the community!

Yes, you bought what seems like a good deal on paper, but in reality, you own an old apartment building in a neighborhood with poor security, possibly surrounded by long-vacant shops, streets piled with garbage, and a poorly managed community.

Thanks for contributing to the BP community. 

Fair enough, I have partial ownership of a commercial (apartment) building in the Bay Area and I would estimate it as a Class A- to maybe Class B - great location, great tenants, nice amenities (not high end like gym, new pool, community room with big screen TVs, etc), high rents, but building is older (built in 1950s).One investor I saw post that they look at where Starbucks and Costcos are opening and possibly factor that into looking at different markets.

Most military are in somewhat decent communities so I cannot see to many reasons not to.

Hello @William Arias,Welcome to the community!

Hi BiggerPockets Community,I’m Alex Banegas, an ambitious multi-family investor passionate about creating wealth through real estate.