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Mobile Home Park Investing

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Natalie Kolodij
Pro Member
  • Accountant
  • Charlotte, NC
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Trying to buy mobiles to remodel and rent- parks only allowing owner occupancy though?

Natalie Kolodij
Pro Member
  • Accountant
  • Charlotte, NC
ModeratorPosted Nov 13 2014, 13:27

Hello,

I am in the Seattle area and new at real estate. Because wholesaling is so hard right now due to our booming house market we decided to switch strategies and look at buying a mobile to rent (so at least we have some cash coming in). 

We have called on a few (in Washington state and some in Florida) and it seems as though a lot of parks require owner occupancy. Does any one have more information on this? Is there a loophole- is it law or park owner preference? 

Thank you!

Natalie 

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