There is still a potential right of redemption, or issues in the process that could create headaches, but the system was designed to get properties back into commerce and that simply wouldn't be possible if title issues persisted in perpetuity.   

If you've built those up to let's 500k, then at a 3.5% safe withdrawal rate you can pull out $17,500/yr into perpetuity (incl adjusting for inflation).  

Posts like this one are perpetuating the idea they are the same.  

(depending on local ordinances.)Also you can often get parents to be cosigners since the kids will likely not have any credit score.Downside is you are in a perpetual annual rental cycle. 

However, these are the same people that are 1-3 years away from owning their own homes; not the people who are perpetually renters.

I'm guessing the calculation needs to be different than a typical COC analysis on a property since the income doesn't continue in perpetuity, but my first instinct is to just go with 6,595.20 / 58,000 (~11%).

Tenants own their home and lease the land for perpetual income.My opinion is the #1 pitfall with mobile home parks is finding one for a fair price.  

Since the owner is the only one who really deals with property managers, and they are always disappointed in how bad they deal with their properties, they perpetuate the belief that they are terrible.

No one had a problem with perpetual income back during the Volcker Put, but they have a problem with it now using a different vehicle such as real estate? 

My issue is with the Q2-Q4 2022 + deals that were sold to investors under shady pretenses such as low cap rate exits, perpetual rent growth, unrealistic capex budgets etc.