When purchasing mobile homes you will need to consider the mobile home park. Parks are rated just as hotels are rated. You can find ratings from 1-5 stars but in a sense there is only two types of parks:
Low end parks or high end parks.
Low end parks usually have higher crime rates with a higher turnover. Because of the rating of the park it may be more difficult to sell properties you may have purchased as well.
High end parks will usually have strict rules and may have fencing to curb crime. Because of the safety and rating of the park the rents will usually be higher and may be difficult getting financing because the park and its tenants may demand top dollar for the home.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125