Are mobile home parks stable?

We'll have off street parking and ability to get a dumpster to the rear of the home.We can get the property for $33k, we can get a low interest ( <5% ) @25k rehab loan from the city, and as much as a $6k grant at the end of the project if we agree to stay for a few years.

For example, I recently looked at a 49 spot RV park.

I looked in the parking lot and there was a car with writing on the window:INVESTOR SEEKS APPRENTICE Call ...!

Yet if you just go back to your normal routine no RE education investment is going to pay off.You have to do something with what you are buying.John Corey

New rental developments commonly have things like:[list]Nearby shopping or multi-use buildings w/retail on ground floor and lofts above.Nearby parking and extra storage available.Wireless Internet.Upgraded [fill in the blank]Ready access to public transportation or vouchers/subsidiesLaundry in-unit[/list:u]I have no idea what the market is like in your area and it does seem tough right now all around, but it might be worth looking at what you have (or have not) done with your rentals and see if you are still offering something competitive.With the explosive growth in RE investments, many by newbies who spent far too much money upgrading rentals, there are both more rentals on the market and they're in better average condition than before.

We have been there twice and we were married there on our first trip in a park that was dedicated by Frank Sinatra to the City of Rancho Mirage, which is next door to Palm Springs.

Hi Dana,If you are looking at a rehab project in the area, try looking in the RTP are (Raleigh Triangle Park) and look in Cary.

Most places only have street parking.

I also took a week to go to Park City.