The Hidden Cost of Resident Turnover Most investors think about resident turnover as a vacancy problem. But in a mobile home park, the cost can extend well beyond a few months of lost rent. When a resident leaves, the property may face cleaning, repairs, make-ready work, inspections, leasing, screening, and additional management time. Collections can also become more complicated. And when turnover becomes frequent, it can begin affecting the stability of the broader community. That is why we look beyond occupancy alone. A park can show strong occupancy on paper while still experiencing operational friction underneath the surface. The deeper questions are: Are residents staying long term? How often are sites turning over? What does each turnover actually cost? How much management time is being consumed? Is turnover improving or weakening the stability of the community? Resident retention is not simply a property management metric. It is an investment metric. Stable residents can s...