Several reasons but the most economical are typically: 1) Cost to develop vs higher and best use of the land vs buying an existing park 2) Local resistance b/c MHP residents cost more in taxes than the property returns to the city in terms of property taxes (Charles Decker, Duke PhD MHP Researcher)Average market lot rents should be closer to $500 / mo based on the rate of inflation since the 50s.

@Charles Seaman that's what I have been doing.

Yes, Charles Hawkins was our realtor and Alpha Funding Solutions was our Hard Money Lender.

@Charles CarilloThat is what I planned to do.

@Charles Carillo thanks for that great advice.

@Ray JohnsonThanks for posting that, interesting look; even if it is kinda a black box. my $.02 that I can add is that Stafford Va, Onslow NC, Beaufort SC, Charles County MD are all near major military bases, so the % of VA loans is going to be higher than average, which can skew their home value to loan ratio.

I suggest you are sure each understands what they are getting into.Regards,Charles LeMaire 

Originally posted by @Charles Carillo:@Jasraj SinghThere are several lenders that focus on lending to foreign investors.

@Brendan Connolly, I agree with Charles. 

@Charles Carillo the suggestion of a small project is a good idea.