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@derekvickers885
Why mobile home parks 1. Lower barriers to entry. 2. More mom and pop owners 3. When stable they are very close to passive. 4. Low resident turnover 1.In comparison to other asset classes you can buy mobile home park for much less. Depending on where you buy you can buy park from anywhere from 20,000 to 80,000 per space (they are sometimes more depending on location and asset size) but this is getting higher. Any apartment building can cost at least 150k per door depending where and what your buying. 2.More mom and pops, the industry is still heavily fragmented. Most mom and pops have no debt on these properties because they’ve owned them so long, they have not operated them to their full potential which leave lots of meat on the bone. 3.Now this one I say with a bit of caution BUT when your MHP is seasoned for a few years it can be somewhat passive. Now, you will always have to keep your eye on it but as long as you do it will require Little work. 4.What I really love about MHPS is...

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