They also pay for administrative costs such as updating the HOA home owner’s directory, billings and collections, covenant enforcement, routine legal costs, maintaining a web site, posting HOA governing documents on the web site, administrative staff, and other operational costs.

@Tyisha G. like so many businesses, there are some turn-key ("TK") opportunities that are excellent operators and hitting the returns they promise, and there are some awful, inexperienced and/or crooked TK operators.I think the best thing would do is to reach out to many TK operators and just start talking to them and learning and discussing their business model with them and what you're looking for.

These guys are one of the largest MHP owners / operators in the country and have been great for helping us to invest in these smartly.http://www.mobilehomeuniversity.com/mobile-home-park-investing-books-and-courses/mobile-home-park-due-diligence-manual.php

I have experience operating businesses but am constantly on the quest to learn more. 

Sometimes, coupling an operational LLC with a land trust is a fantastic idea.

They are very experienced investors, and operate with total integrity.

It's not going to instantly put money in your pocket once you get.I have operated a robust wholesaling business for years.  

So you have the property and now you need to make the property pass inspections for the assisted living permit/license that you need in order to operate the business.

I have been an operations Supervisor for over 20 years and I'm tired of going nowhere.  

If they have rent guarantee coverage, they can recoup.There are many, many investors who operate this way, and they make good money doing it.