I am scheduled to close on a Trailer Park (All tenant owned homes) on April 1st. 

Hi Geetha,I ventured out on a drive tonite before dark (Sunday) and normally vibrant hustling Austin was a almost a ghost town.Restaurant parking lots empty or almost empty, hardly any cars on the road at all compared to normal.Freeways wide open and clear, hardly any traffic noise at all.It wasn't quite the Key and Peele Apocalypse, but it was eerie: https://www.youtube.com/watch?

I'll predict you will be able to buy oil camp (Travel Trailer / RV Parking assets) for pennies on the dollar within the next 6 months.

My local bank here in Forest Park is behind on my current cash out refinance because all of the credit analysts are home due to this Corna craziness. 

Purchase price: $82,999 Cash invested: $9,300 2-bedroom, 1 bath that backs up to a park and is 1 block from one of the areas major employers.Extra-sized heated garage and fully fenced back yard.

. $345K with possible owner finance at higher price (7 Lot rents at 250(includes water) 9 Park owned homes with various rent amounts(see rent roll)Owner does pay for water and a dumpster. 

This was inherited and the family wants out of it.My thoughts: it seems like someone was looking to put a mobile home park on the 10 acres and sell off the other roadside plots as home lots, since zoning is in place. 

Currently I own several duplexes and have dealt mostly in smaller multifamily.I want my future investing to focus on larger apartment buildings and mobile home parks.

Whether we’re looking at properties, cold-calling, deploying new marketing tactics to generate leads, underwriting deals, or having the ability to watch the morning shows without rushing through our normal routines, one thing is certain.

1) How do I figure out if the MH rent is lot rent or space rent (call the park manager?