I am passionate about mobile home parks and am quite familiar with the MHP investment space, so feel free to PM me and I will do my best to offer perspective and point you in the right direction.  

It’s not just about luxury anymore; it’s about creating spaces that adapt to the future and the people living in them.For investors, understanding these shifts is key.

Tenants may not care as much, therefore there may not be a big discount for the lack of space. 

The city is in a desert so they have lots of space to build on, and the current problem is oversupply.

I have a space in my home where I do all of my desk office-type work, but it is not dedicated to real estate.

I'm looking to get started in the sober living space.

It takes a lot of time to build up a reputation in the wedding/event space.

I plan on converting the barn into another sleeping space and indoor/outdoor rec room.

McKinney is thriving, but so are other parts of North Texas, and a broader perspective could reveal other great opportunities.Here’s what I’ve observed managing a significant number of rentals in the area:Bedrooms and Layouts:3-bed, 2-bath homes consistently attract the largest pool of tenants and have the highest occupancy rates.4-bedroom homes have grown in demand, especially with the rise of remote work, as tenants look for extra space to use as a home office.Square footage is less critical than number of beds and baths.Supply and Demand:McKinney’s growth is driving demand, but the quality of the location matters greatly.

Participants in the commercial real estate space could do themselves a lot of favors by forgetting entirely the concept of purchase cap rate.Cap rate has only one useful purpose--and that is to estimate the price in which the property may sell for at a later date.