I have one small park (1 SFR home and 4 tenant owned mobile homes) and am in escrow on a medium sized park (9 tenant owned homes and 25 unoccupied lots)My thought was to have an umbrella general liability policy covering the business and a separate policy for each park, as I buy more.

BTW- Are you related to all of the Klein’s that own all the mobile home parks in that area?

Rehab for $10k (yes it's not that bad - mostly cosmetic) add another $5k for mechanical that haven't surfaced. 

Here's my question, we're looking for equity and or debt ideas and solutions - ie bridge loan products, loan solutions etc: Mobile Home Park Deal - Please chime in on ideas you might have for financing this deal.1st lien loan: $800K, needs to allow partial release's so we can sell off portions of the propertyPreferred Investor raise/equity : $375k - can this raise be a hard money or bridge loan instead?

Reforms Condo & Co-Op Conversions to repeal eviction planconversions, limit non-eviction plan conversions of rent regulatedbuildings to preserve the rental housing stock, and provide additionalprotections for senior citizens and disabled tenants in buildings seek-ing a non-eviction plan conversion.Part 0: Mobile & Manufactured Home Part Tenant Protections:*Establishes Rent-to-Own protections;*Requires a Homeowner Rights rider to leases;.

I quit my corporate job 9 months ago to start my own investment firm focusing on mobile home parks. 3 deals and 54 lots later, my firm has $945,000 of asset under control and rapidly expanding.

Thankfully there were no mechanical capital expenditures such as HVAC or water heater.

A seller I found through direct mail owned 21 acres of partially developed land , there is one single wide mobile home renting for $475 , there are 4 modular homes 4 beds 2 baths need about 5k to get them rented at $800 each projected income $3675 after the modular homes are ready.

Deal would include the land, a newer manufactured home on a separate parcel, a regular small stick built home on a different parcel, and something like 20 existing rv/mobile home spots. 

Rehab included all new mechanicals, running duct work to property heat 2 bedrooms to the 3rd floor, complete rehab of bathroom, refinish wood floors, and paint throughout entire house.