Self Managing Mobile Home Parks

[Logan M.]

A few years ago we started buying MHPs strategically so we could manage them without having to hire someone local. The image below is what I like to call "The Loop", it is a loop that allows me to hit 5-6 communities in one day.

When we get to the parks we don't do too much typically but we work to show units, put on lockboxes, and write don't maintenance that our handyman needs to do. 

This loop is driven at least monthly by someone on our team.

What do you do to manage your properties besides finding someone else to do it for you?

[Cliff Benner]

Quote from @Dave Rav:

I like this.  It seems like a smart idea.  Wondering how it stacks up VS hiring a local manager (not a PM)?  What I mean by "local manager" is someone onsite that you can trust.  Obviously, the trust part is key.  Dont want them to be too close to the tenancy relationship-wise...

How long does your "loop" take to complete?  You say you hit 5-6 communities across a 4:52 drive in one day?  That sounds daunting.  I would realistically envision this taking a few days' time, with likely hotel stay overs and the like.  (which may not be too bad, honestly).  Say you had a rotation of 3 people completing this.  If you go monthly, thats once every 3 months (4x per year, per individual).  Honestly not too bad.  Keeps the pulse on your business.  Am I missing anything here?

We self manage, but our properties are closer to us and we dont have as many (just sold our furthest MF property this year, which was 1.5 hour away).

 How is self managing going? I was thinking a PM or Manager on site would be nice but have been looking for opinions on this.