Mobile home park $1,750,000131 lots 86 occupies units: 1 sales office at 3718 Maple Grove Drive, 1 storage unit (converted home), 60 lot rental only homes, 2 park owned homes that are being rented, 15 park owned homes that have been seller-financed to qualified buyers and are owner-occupied and 4 park owned homes that are under renovation and getting ready to be sold or rented.* 45 vacant lots which have all dedicated utilities in place and are ready for homes to be placed on the lot.Tenants pay water & utilities & for yard maintenance.

Single family home 4 Bed 3 Bath 1900 finished sq ft. 2 Car garage, 500 unfinished storage and laundry room.

I'd also wonder what the costs were estimated to install things like insulation, kitchenette, removing/adding doors, etc would cost and how fast you could make up the initial investment in rents.Then of course you'd have to consider if your family will be able to handle giving up the storage space LOL

Also, in the basement, our inspector found pipes coming from one of the foundation walls, which led him to believe that there could possibly be an underground storage tank.

Some things that matter:location (neighborhood, safety, freeway access, parking)amenities  (W/D, appliances, dishwasher, storage, garage, fireplace, AC, walk in closet, etc)number of bedrooms/bathrooms  (layoutcondition  (Is it clean, remodeled, dated, light and bright ...)Yard, privacy, balcony, One of the most important pieces affecting pricing is number of bedrooms.In short, spend some time checking comparables and then price accordingly.

Clearly there's not enough storage.

Essentially they become an investor in a larger property (multi-family, self storage, etc), receiving a preferred return every month with ZERO action required while still staying exposed to the real estate market.

The 1% rule (and sometimes the 2% rule) was created for evaluating mobile home parks and storage facilities. 

This will be my first year attending the Self Storage World Expo in Vegas.

I was thinking of anything really like storage and could build something back there, rent for parties, I’m really up for any ideas.