The property must work as a MHP from day one, with the intent to continue operating the parcel as a MHP in perpetuity.

Listen to what the community feels about the area because when potential renters ask around if there is a lingering negative stereotype about the area it will be difficult to get good tenants.

Although not expected to leave BlackRock anytime soon, Larry Fink has a keen eye for the longevity of his company, and is clearly working hard to promote those who will perpetuate the company’s culture he’s worked so hard to build.

@Matt Skog if this has 95 occupied pads and a lot rent of $475 per month then this park is worth closer to 2.75 or 3.0 Million on the surface or more as it sits.  95 Pads * 475 lot rent * 12 months * 0.6 (40% expense ratio) * 10 capitalization rate = ~ 3.25 MMIf you can pick it up for 1 Million then you why not just milk the thing as it sits for the perpetual income, why the redevelopment headache for a one time payoff?  

Semi-annual inspections are perpetually delayed, I rarely receive thorough move-out inspection photos and summaries (I do not live in the area, and these inspections are the only means by which I get visuals on the property).

After all, you seem to be insinuating that these measures are just about "perpetuating fear".

I think you'll like getting perpetual checks instead of being on the treadmill every month.

You're on the ball here.Yes, you would need an easement filed on your property and I would stipulate perpetual maintenance and access for you. 

The Bay Area is NEVER cheap and housing is a perpetual problem here no matter where you are in the economic cycle. https://youtu.be/PFnKywokDAs

Unfortunately its tough to compete with these guys underwriting a 6% economic vacancy and 5% cap exit with perpetual 3% rent growth.