BP Community,Could anyone offer any thoughts on if the mobile home market is a viable market for REI?

However, the owner says she only wants to sell one, half acre lot because they want to build or place a mobile home later on, when they downsize. 

@Kimberly Carverfile:///var/mobile/Library/SMS/Attachments/68/08/D74225BF-F2B9-4639-8BB6-0315B5299809/IMG_3291.jpeg

Purchase price: $200,000 Sale price: $210,000 4 acre mobile home park with 8 POH, and space for another 10.

Since moving here, I've done a fair amount of private lending, invested as a Limited Partner in three apartment and mobile home park syndications, currently have a BRRRR going on in Kansas City and a General Partner on a syndication getting ready to close a 100 unit near Tulsa.

I am a KW agent who is largely mobile due to the fact that the nearest KW office is 30 miles away.

We are closing on a South Alabama MHP purchase this month, and forming a separate LLC just to own/repair/rent/sell the mobile homes.  

These lower end properties with mobile homes have some down side (only If you don't know what you're doing) ,this strategy elements that. 

If I could find a local bank that is easy to use with good mobile and electronic banking systems along with a physical local office, all the better.

Hi all,Looking to speak with a Mobile Home Park investor in or around the Metro Atlanta area.