Sullivan recommends the cooperative ownership model as the ideal structure for MHPs what is stopping you from forming either a high or low equity co-op and purchasing the park from SCI?

That is for you to model and assess.

That might be a good place to get some background on all of the options.That split model never works.

Check your model to see what works and how much you are willing to accept.

Again, the goal is to work with them early on to prepare them for the refi within 5 years.As to capital deployment, that is the advantage of the fund model.

Our models are similar and I agree, sometimes people don't put in the effort.

STR is a slowly dying model that exploded in the last 10 years and correcting big time.

Well, apart from “if you give me $3000.”Luckily this is a co-living model through PadSplit so I have some income coming in.

Worth noting that most firms will do two types of studies (although they may be named differently) - detailed engineering and modeling.

And each former LP (now a tenant in common) can do a 1031 exchange on their portion.