There are a lot of variables in owning a MHP that you don't always see on the surface.

Due to the quick turnaround time and less surface level financial requirements, there is more risk being taken by the lender.

We are doing a historic re-use on our project (for the tax credits), using muni revenue bonds to finance construction and doing an extreme green build out (solar, rain water collection, auto electric , bio parking surfaces--again more tax credits and lower long term operating expenses).

I am only scratching the surface here of what you need to consider.What about the 60 unit building mix??

But as you can imagine if you have two surfaces the same material and color you enter make sure they match otherwise it looks bad.

If it has gold below the surface is it worth more?

Finally, no matter what type of property, hidden stuff can surface when you rip open walls.

Every once in a while, a new one surfaces, but most people are just talkers.

Tell me where the holes are.There is an opportunity to purchase 6 adjoining townhouse units for $77,000.The listing claims Gross Rents of $38,700 (about $537/month/unit) and Net of $22,238 ($308/month/unit or $1853/month as a whole).  

Although, from my experience, you're only going to "scratch the surface" as they say.