Our firm does quite a bit of work in the retail world in North East.

Yes there is a lot of title issues regarding tax auctions and certain title companies won’t even touch them but I’ve got a reputable firm that handles that.

Patton Law Firm

If it was me and they are firm at a 6 cap, and there's not much room to increase revenues or cut expenses, then I would probably walk away and look for something better. 

If an eviction is needed and you dont have a property management firm here handling the property you need to seek legal council. 

Bought em for next to nothing and fixed them up just to be barely livable .

My goal as a business owner/landlord is to be fair but firm, and I will listen because people want to be heard.

If you want to venture into the CRE space (in any asset class), then associate with a CRE firm or operator and commit to CRE.

The firm has had MHC as its top performing property type for the last year and a half and a November 2018 report described MHC as “one of the most attractive property types in both the public and private markets due to 1) a best-in-class cap-ex profile; 2) structural barriers to new supply; and 3) still-too-high nominal cap rates.”I hope this helps some of you considering investing in MHCs - happy to discuss further. 

Many property owners have contacted for the removal to outside firms (with a detailed contract) to get the slip and fall claims out of their policies and into the removal contractor