I plan to move into manufactured home park ownership and operation in the near future as a long term investment. 

I'm currently working two jobs, my full time work as a project engineer for a manufacturing company and a part time job as a barman.

Job Quantity and QualityIn many parts of the US, manufacturing and similar jobs are going away and what remains are service sector jobs.

You want a job market that is growing and not dependent on industries like manufacturing.

I think the inflation we're experiencing in this market is actually because of the anticipated growth of the industrial sector in Mobile with the new Airbus manufacturing plant, and consequently an expected growth in the residential and commercial demand on the Eastern shore of Mobile bay in combination with the national real estate trend to higher prices.

I got a random lead today for a manufactured home in Sanford, FL.  

You could just use a contract of sale like this:http://www.eriebar.org/files/Manufactured%20Modbil...But honestly if you've never done it before paying a laywer or an online lawyer for a contract is a good idea!  

Possibly great location for smaller houses or manufactured homes.

@Will Grabert Without knowing more details about expenses, maintenance records, vacancy, ect.. you can't get to a specific number.For parks with POH you really have two separate transition, the mobile home park and the Manufactured Homes themselves.The Park: 7 of 9 lots occupied at $160 a month= Gross rents: $13,440Since its on septic and has majority POHs we will bracket expenses between 45-55%, which gives us an NOI between $7,392 and $6,044.

My husband works in oil and gas and I work for a medical device manufacturer.