Experience depends on who you deal with - the cleaner the loan file and more organized your paperwork the smoother the process with any private lender.

Its a slow learning process if you havent been in the lending, investing or real estate world before.

What is the 20% processing fee?

I have a vision of building and developing mobile home communities in upstate NY that are vertically integrated to allow future members to choose from a catalog of homes, have them installed, provide them with financing options, and make the process of selecting, buying, and living in the community very smooth.Since this is my first time doing this, I would love to chat with an experienced mobile home developer on the following items:Zoning - navigating the zoning process to allow the community to be allowedStart up costs - I am a finance person who would love to better understand start up costs - septic / electrical / water / pads / roads / etcOn Going Maint Costs - in building our business case, I want to build a conservative financial model to capture all re-occurring expenses - utilities, landscaping, capex, septic clean out, etc.I know this is a lot, but would greatly appreciate talking to someone who is an expert in this asset class!

You also will want to stick to on market properties at first because the purchase process and evaluation process (namely title and inspections) will be more defined.

They offer credit, background, and eviction reports and make the process easy for both landlords and applicants.

What was your process to lock in on that market? 

For example, with our private investors, we always ensure that deals are secured by real assets and provide full transparency throughout the process.

As a result, this isn’t the kind of market that attracts top-tier PM talent.Your best solution might be to either:1.Take on self-management if possible (and if you’re willing to put in the time/effort).2.Find an individual you can trust to handle these properties, set up very specific instructions and processes, micro-manage them initially to ensure standards are met, and compensate them well to make it worth their while.This approach requires more oversight on your part but can yield better results in markets like this.

Any insights would be greatly appreciated as I navigate this process.