In MD we have loss-mitigation laws passed after housing crisis that exposes you to great deal of liability if you contact people 60+ days in default  and offer to buy their homes.

It may not make financial or economic sense, but some people (me) reach a certain asset level and just do not want to deal with debt anymore.   

People wont leave their current homes til rates come down.

And regarding the BRRRR strategy, I love it but think it’s a waste of time for you.

@Sam Walls been talking to a lot of people, and yes I heard of hard money lenders but haven’t went down that rabbit hole yet, I’m just glad I atleast have options to borrow money to rehab a property, thank you!

But like most people, haven't done much about it yet.

I’d like to know other people’s experiences so I don’t make the same mistake.  

Most people looking at MHPs want 20 lots or more so you could end up getting stuck with this park for good.

I've heard flipping might be a good place to start, but would love to hear about people's opinions and experiences in these types of markets.

They know what people generally look for when vetting a lender.