The reason giving is it’s just a rental, tenant will only brake it.

It involves new 3 ton 14 SEER condenser unit, 3 ton coil, outdoor pad and drain pan.

In a mobile home park or RV 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.

In a mobile home park or RV 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.

In reality we know this is much harder to do but I tried to finance a park that had a 33 pads and 26 pads were individually owned in a small metro area (less than 25000 population) and no lender would touch it. 

@Jay Hinrichs completely agree with you.As far as with occupancy issues I would potentially allow renters via Lonnie Dealer if I could screen the tenants, get homes onto the empty pads at the Lonnie Dealer's expense, etc.  

The long pants will not keep the fleas off of you.You need to duct tape wrap around the shoes and hands before going in the property.Set off a bunch of flea bombs.If the carpet is bad you will need to replace it and the pad because of the eggs that will rehatch.Depends on how old the carpet is.After leaving the house they throw away the suit in the trash before getting in the car to leave.Otherwise they can track back to your house where you live.Ken you can try to make tenants do flea collars and all of that but good luck getting them to comply.People are going to live how they live no matter what you say.This is why it's important to see how they are living where they are currently at.People can look polished in person but there room can look like a hurricane hit it.For these people there work persona and there living at home persona are worlds apart.

We usually do a rough budget as follows:City W/S: $50 per pad/per year Cap Ex1 Private Ut: $100 per pad/per year2 Private Ut: $150 per pad/per yearAgain, this is only rough numbers.  

I buy parks that have upside in some way, pad rent, expenses or mis management issues.

Then raise rents on the pads... that is how you create value for a MHP..