With this model, you would be providing the power, water and access to cable or internet included in the lot rent.

New roof and gutters, updated vinyl double pane windows, resurfaced parking lot, and upgraded main water line.  

Shapiro) cannot get monthly invoices out to us in a timely manner (they have to do this as we pay for water and the water meter reading are on the invoices).

It's a very murky water between Private Money and Hard Money. 

Plus, you’ll have maintenance costs—water heaters break, A/C units die, tenants complain.

I expect inflation to remain sticky, so eventually you'll be above water.

Thanks for the warm welcome.

Some areas have restrictions on mobile homes or rentals.Utilities: Ensure the land is equipped with essential utilities like water, sewer, and electricity.

He only pays $325/month.For people interested in the numbers:Purchase Price: $250,000Rents when fully occupied are $5,500/month (most units rent for $175/week) My monthly expenses are roughly $2000/month (working on lowering this buy buying the Water softener isnt of rent, switching the internet/cable company, and adding insulation in roof to lower my utility bills)The best way to get started is to just get started, I dont have all the answers but it seemed like a good deal and a great learning experience! 

I started with 2 and wanted to test the waters, so far it’s luke warm.