Valulation and PLU?

[Scott Sargent]

Hi all
Im just getting into MHPs and have a few prospects for my first buy.

Questions for anyone

-What does PLU stand for and how is it determined?
-Does PLU factor change where a restaurant is on site or same as occupied using the rest rent?
-Does it change where property varies...zoning, acreage large urban center?

My park falls short if not but the cap is 12.

Also, for a older park, what should I look for in due dilligence or before a LOI.

Thanks

Scott