It is a property we purchased many years ago when it was surrounded by woods and a small mobile home/rv park down the road before the Villages were even a thought.

Thanks in advance for any feedbacks.LANDLORD PROHIBITED USESLandlord shall not use any portion of the Shopping Center or lease to a tenant for any of the following:adult book store adult novelty and lingerie shop amusement arcade amusement center animal boarding or raising automobile body shop automobile dealership automotive repairs and service billiard parlor bingo parlor boat sale or display bowling alley brothel car wash catering hall cult meeting place dance hall discotheque factory use firing range flea market funeral parlor game arcade/room gun store head shop hospital house of worship industrial use junkyard labor camp laundromat manufacturing use meeting hall mobile home park mobile home sales monument sales mortuarymovie theater nightclub off-track betting parlor palm reader pawn shop place of public assembly plant nursey psychic religious organization sale, rental, repair, storage or service of trucks and/or trailers skating rink smoking or vape store stockyard strip club target range tattoo parlor taxidermist theater trailer court trailer sales warehouse use

In short it is a value a 100+ unit mobile home park currently grossing $21k per month.

@Ben Tilbury yes the property has the sellers main residence on one side and a mobile home (rental) on the other side.

This will dictate where you purchase and look for properties based on that number alone.My point is that you always start with the end in mind and work it backwards, this creates the strategy (Buy and hold, flip, Wholesale, Notes) which will be driven by the tactic (SFR, MFR, Mobile homes, Short term rental etc) I always coach people and explain that the property is actually the last piece of the puzzle not the first.Hope this helps

I would also consider a different asset class, like self storage or mobile home parks, that are less likely to be impacted by tenant-friendly laws.

Out of these two options: High cashflowing brand new mobile home in a more volatile rental market.

Is there a minimum lot count you should start with on your first deal? I've got a lot of mom and pop parks in the 20s in my area. Also is there a simple analysis/formula to use when analyzing a smaller park, is 1% rul...

Is Brandon Turner's Mobile Home REIT a good investment?