Do Mobile Home Lot owners own the vacant homes?
Basically the title,
There is an old mobile home lot in my area that I am looking to reach out to the owner to pitch him a deal of me fixing up and selling the vacant mobile homes on his lot and keeping the profits from the sale. This would therefore improve the living conditions of his mobile home park and he will receive more in lot rent when I’m done fixing up the units for not time or effort on his end.
Would this strategy work? This would be my first investment so I’m trying to think a little out of the box here so feel free to critique my plan.
Thanks, Josh