Mobile Home Park Property Management
Hello All, it has become abundantly clear to me that if I am to achieve my goals with regards to mobile home park acquisitions I am going to have to buy parks that are outside a 2 hour+ drive radius. All of the ones close to me are stupidly priced, but there are some interesting "turnaround" opportunities further away like in NC.(I live in upstate SC)
I know I'm going to have to be comfortable trusting a property manager for aNY project for it to be scalable, but the prospects of having one of the tenants in a turnaround park watch over an entire asset while I'm away seems nuts, at least in my brain. Also most of these people work for a living so they won't be there all the time.
What have others done in situations like this, and are there any good national companies that run property management at mobile home parks that others would recommend? Or am I over complicating it?