I would highly recommend bringing in an advisor or broker with specific experience and knowledge in this asset class.I have seen many of these parks trade hands on a handshake and a dream, however, you could be taking a huge gamble if you don't get microscopic on the front end.

In Cleveland they cash flow well and you can build a foundation of knowledge this way and a base you can expand upon in the future if desired. 

With careful planning, this approach can work well for you! 

Hi Carline,I know there are down payment assistance programs for properties 4 units or under but anything over that is considered commercial and to my knowledge there are no loan programs out there.I'm not sure if the down payment assistance programs are still active but I can find out if you'd like!

Or if you have questions that aren't market specific I would be happy to help with that as well. 

Lots of drama as well.

Our partner, Seth Choate, identified the N Backer Avenue property through his extensive network and local market knowledge.

@Kenton Guidry   Hi Kenton,  I have had replacement windows installed at my primary residence as well as at one of my rentals. 

Utilizing Graham's knowledge of the local market, we quickly assessed the property's potential.

All going well we'll try to do again in Spring 2025 and hit up Indianapolis