‼️📈Take action. Take Risks📈‼️
Yes, that means calculated risk. 100% of the time in a mobile home park transaction you are going to find some nastiness in due diligence.😱🏃🚨
😠Less homes 🏘than you thought, less people on the rent roll 📋📜than the seller told you, septic tanks that are not working properly, poor drainage at lot 43, one investor owns 8 homes and is renting them out 😫, the seller isn’t collecting like he told you he was, code violations, etc, etc.
😁But you will also find things that you do like more about the property. Make sound 🔊 , calculated decisions but don’t overthink 🧠 🤔it. It can occur.
#analysisparalysis
#duediligence
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#assets #CRE
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#mobilehomepark