The numbers may look good on the website, but reality may be starkly different if you end up in a bad neighborhood.

So in reality there's nothing off-market about these deals to begin with.And of course, the ideal investment is acquiring a traditional off-market deal at a great discount to market value, however, generally speaking, people are just using the word off-market to get investors interested but still ask for an outrageous price. 

So you can't say that the deal does not have potential, but you have to address the realities:1) The seller will HAVE to carry the financing -- no bank will touch this.2) The seller will have to structure the note to match the park's cash flow, which means low rate interest only in the early years, and probably zero down since you need the capital to make repairs.3) To make sense of this deal, you'll need to do market comps and the lot rent in the market needs to be around $300 to give it the extra value boost you need to make it compelling.In these type of "heavy lift" turn-around deals the seller is going to have to be an active participant in the way it is structured.

Eventually is will be solved and Become a HUD property Reality is, in this case you are wasting your time.

Thank you for reaching out to me, hopefully we can continue to correspond and I can work towards making my first property a reality!

. - The reality is that it is way harder to get loans now so you won't see McD's chefs qualifying for $1M loans. 

@Ryan Breen certainly all of the detail-oriented updates that bring the home up to the times will attract a wider pool of clients because the reality is most people do not have the time or skills to modernize a home.

They are buying the asset, stabilizing and increasing rents and selling out for a profit.There is also the reality that Brandon Turner has made this asset class more popular by endorsing and investing in mobile home parks.

It's just the reality of it.Clint

What you are assuming to be true in your head is not true in reality.