Fairly bombproof compared to what I am typically buying. 

I'd like to get together and compare notes on markets, neighborhoods, etc.

Comparable sales (total of 7) came in at $132K. $5K in updates would wash profit to be equivalent to this potential wholesale profit.Potential Plan C: Rent it..

Comparable sales (total of 7) came in at $132K. $5K in updates would wash profit to be equivalent to this potential wholesale profit.Potential Plan C: Rent it..

I don't really think there's "average" or "advanced" categories, and it's not necessarily the number of deals.I don't think it's helpful to compare yourself to other people.  

While owning a properly run manufactured housing land lease community can be and normally is a cash cow when compared to other forms of commercial real estate, properly running it requires knowledge, hard work, and some intelligence. 

But I did like the taxes down there compared to here. :-)And I would agree that real estate is the best investment vehicle there is - albeit it does require quite a bit more effort than the rest though.

It works if you buy low enough compared to the properties market value. 

Hi @Michael Cutting, great questions and it sounds like you have a potentially exciting opportunity.I am going to have a slightly different opinion compared to @Rob Beland.I agree about being able to require them to sign leases.  

The challenge @ this price point is the variation between the low comparables & the high comparables.