$ per pad in MHP investment
I was wondering if there is some metric generally used to determine if the risk:reward ratio is in line when looking at a MHP deal.
In general the the $/door for SFR seems to be at least $200/door. Is there a similar metric for MHP's? Granted, I would expected the $/pad to be lower as ideally I don't own the home and my taxes, maintenance etc. are limited to the dirt.
Thanks for your thoughts.