I own shares ($35,000) in a mobile home community (empty lot) in Tampa, Fl; I am in the process of putting a home on the lot and need help knowing how to finance the deal.

My wife and I own an 11 pad mobile home park and have been manually managing it for about 18 months.

I couldn’t quite read your screenshot on mobile, but for Marietta, once all inspections are passed, the builder (or their authorized agent) has to go down, pay any fees/balance and get the CO.

I currently have a few properties in Mobile Al(both buy and hold) and I just went in escrow on land in Daphne Al.

There used to be a mobile home on it so it already has water, septic, and power nearby so I was thinking of finding a decent used MH and putting it there so the rent could cover the cost of the land loan and it would buy me some time to figure out what to do with the rest.

I'm reaching out to you all to see if anyone has any connections to a few great CPAs that are knowledgeable in the way of mobile home parks?

This combined with the buyers market will mean sellers will be more open to creative deals and owner financing.I suspect rent rates will stagnate near the mid to top of the market but due to demand, low income rates will continue to go up.I suspect demand for low income rental units will skyrocket as the economy slows or stalls.For me, this plays into my low income model because all of this will create higher demand for low income housing and allow me to bargain shop for value add mobile home parks to buy cheap and with cheap owner financing.But, I'm not an economist and this is just my 2 cents.

@Eric AllredWe love anything mobiles, go for it Good luck

@Vanessa Roca learn from @John Fedro how to flip Mobile homes.

Selling on a lease option makes sense (in this hot market) when the deal is too far away to adequately manage as a rental (typically the best way to go) or its a problem type of property (class D anywheere,  ,mobile homes etc) where during the lease period you in theory can attract a better renter and if they are successfull at qualifying for a mortgage (or for me I offer to finance via contract for deed some times) you've sold the house at a top price AND no agent commissions AND the buyer covers closing costs.