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24
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7
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Michael Marston
  • Professional
  • Youngstown, OH
7
Votes |
24
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2 deals at once for newbie

Michael Marston
  • Professional
  • Youngstown, OH
Posted

I have the opportunity to purchase 2 MHPs about an hour away from each other from 2 different sellers. I have been in the real estate industry for 25 years (property mgmt side) and have owned rental homes but these would be my first MHPs. Should I bother doing due diligence on both small properties at the same time (both around 10 lots each) or just focus on one? Thanks.

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81
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49
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Marshall M.
  • Washington, DC
49
Votes |
81
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Marshall M.
  • Washington, DC
Replied

Only ten lots each, why not do both? Just need leases, bills and bank statements. I also recommend getting an engineering/environmental report if the property is on private water and waste water treatment plants or has any underground tanks. 

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