Best of luck, good looking RV storage facility close to where I live for a pretty good price if you’d want to entertain something like that?

Our retirement plan is to live off the two rental properties we have while hopefully living in a paid off home.I would love to hear advise and thoughts from the experienced folks in this forum on what you would do if you were in our shoes and why.thanks,Nitin

.- 1 large storage unit currently used by owner but has potential for additional income.- Right next door there is another 11 acre lot for sale with potential to expand/grow the parkQuestions I have for experienced mobile home park investors:- I realize having tenant owned MHs are better than park owned, but in an area where the land value is so low I wonder if it makes more sense to keep them park owned?

I change the lease as required - late fees, parking, storage, etc. - as long as I leave the term intact.

We are looking for creative ideas to generate some cashflow such as food truck lot, storage, etc.

@Jeremy RhodesWhen I was in your shoes - I partnered with a flipper have a much more passive investment, write private loans out of a self directed Ira.

Renovated both apartments with fresh paint & went thou & fixed everything making possible to charge highest towards market rents & added coin op laundry in the basement with sectioned storage for each apartment

Granite counters, large pantry and stainless steel appliances in the kitchen. 2 car garage with lots of storage. 2 stories with 7 total rooms.

You can also take advantage of other income streams like renting onsite storage, coin-op laundry, etc.

We commonly built temporary entrances, parking, storage, etc. for existing tenants.