I doubt the winner of the election will have 1/10th the effect of lower interest rates and whether supply continues to increase or demand decreases.

We will remove Q3 2019 because for some reason the data on our MLS is missing some quarters of mobile home data from that year but $42,000 was the median sales price of Mobile homes sold, we hit a peak of $89,000 in Q3 2021 but have stabilized with higher rates and a real estate slow down to between 79,000-85,000 this most recent quarter.That is a 49% increase from Q4 2019 to Q3 2023, averaging it is almost 10% per year!

@Terry LandonEven if someone give you a referral, what meets their expectations, may not meet yours.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Hi Aubri,I did something similar but to ensure we were in compliance with local laws, I called the local county building and planning department and had a meeting with them to discuss my plans (this was done during the purchase process) to get approval.

Hope to meet others in the area and get to know fellow investors.

Rates are scaring people off again.

A wholesaler came to my investment group meet up and presented the deal.

Then offer that rate to the current tenant with the PM’s lease to get out of any errors in the old lease.if they move out fix it up, take pix, advertise, and move on. 

Does your location require those features to meet the expectations of full market rental value? 

I can't even begin to tell you how valuable that time was in getting the most up-to-date info on the industry and doing a deep dive into what to look for, how to analyze deals, how to run facilities, rate management, etc.