It’s not just about the profit margin or the cap rate; it’s also about building trust in the community.

It's probably unlikely anything too bad would happen excluding natural catastrophes but why take the risk if the profit potential isn't there?

The owner took the back end profit for his park during the life of the POHs now wants to cash in again.  

.: I am trying to learn and understand... someone told me that its not just size of the home or level of the flip that determines profit, and that in some markets, what is considered a typical profit is 300k based on the 70% ARV formula.

The 1031 exchange will indefinitely defer all tax on profit and all depreciation recapture.

While I don’t yet own investment properties, my wife and I have successfully remodeled and sold a home for a profit, and I’m eager to build on that experience.

You have to make sure that whatever company you choose will maximize your profits. 

And are the deals profitable?

May be 5 or 6 mobile homes which according to this person looked as if a 5th grader remodeled the home.I inter company document I came across stated that only 1 park was profitable.

We've been head down for 5 years getting started with this portfolio, just starting to become an evangelist for sober living now that there's some proof in our business that it's impactful and profitable.