Do you have any thoughts on using land comps as a way to value purchase price of mobile homes vs other methods like direct cap etc?

How to convert that land legally into a mobile home park is something you'll have to learn elsewhere.

Hello Kaleb,Years ago, I went to a Mobile Home Park University seminar, and I remember a very similar question. 

I'm currently evaluating a potential mobile home park, while small (10 lots total) it does have a single family home on the same property.

I have not received the first quarter distribution on the ODC Fund 2 for mobile home parks. 

Though you can probably get a good price if you want to risk it getting burned down in a riot :p 

There have been some recent posts about investors that had their property burned down and insurance wouldn’t cover it because it was determined the batteries were not working in the smokes.

Which we know it isn't, because if it was you'd be doing something else not sitting on $1.3m liquid cash just burning up to inflation in an account somewhere. 

You don't want to take ownership of these things down the road if tenant flakes out.  5- PEOPLE WHO LIVE IN MOBILE HOME PARKS ARE NOT STUPID. 

Think about it, what if the property had a fire and burned down before you close.