Please feel Free to Contact me to Discuss any Interests, Concerns or Difficulties that you may be running into in Getting Profitable Transactions Completed.

Hellon I have a friend who keeps telling me how great owning a mobile home park and all the mobile homes and rent them out.

It is a mobile home on land that is $20k under market value that I will rehab and rent for 0 cashflow.

As to my question concerning private lenders, I'm still trying to think of one.....I'm sure I will...

Even those individuals who are facing foreclosure are still concerns with me taking over on payments.

The property doesn't cashflow but that's because it is a 10 year note at 8% (seller carry).I am buying a mobile home on land with garage.

Hey, I'll let you in on a little secret, I am about to close on a mobile home park in Arkansas.

I used to get seemingly friendly, but actually condescending remarks from the now McMansion people who were "so concerned" about my future.

One major advantage is you know you are going to get at least part of the rent each and every month.However, these are all run locally and the standards, responsiveness to landlord concerns and issues varies widely from place to place.I don't have any section 8 tenants.

That being said, I have my concerns about a big corporate "dude" coming in when I am a farm boy and should be able to associate with the land owners for sure.