Some parks bill for actual power use and have a separate power meter for each pad.

In a mobile home park, most of the value is in the underground infrastructure, roads, landscaping, amenities, pools, fencing, pads, utility pedestals, etc, while only a small portion of the value comes from a building, like a clubhouse or laundry facility.

it doesn't cost a lot to put utilities and parking pads in or even entitle it or to purchase land. it's just a lot of work that no one wants to do. parks are hard to get approved but they are not expensive to develop. it's nothing but utilities and parking pads and an office. harder to finance too, but compared to apartment development or mixed use development it is one of the cheapest and highest performing assets because of reduced construction costs. 

Purchase price: $500,000 - 19 occupied spaces, currently grossing ~$6,900/mo- 9.5 acres with enough septics and wells (and approval from the county) to have a total of 44 pads!

Does pad split service San Antonio area?

I could swing my mouse on a screen and find dozens of properties that would easily cash-flow $300/door and more after all expenses.

The backyard could be built out as well since there's a cement pad.

They also do the same cat and mouse game with certified funds as well. 

.: @Marcus Auerbachgood post. a lot of very contentious AGREEMENT going on in this thread.you can buy an index fund with the single click of a mouse, never look at it again, and wait 25 years. 

We have cleaned out those tenants, and have security cameras, and access control pads to the courtyard to deter unwanted elements from coming by.