Mobile Home Newbie needs help
Hi everyone,
I am looking into investing in MHP's and trying to research all of the downside, which there seems to not be too many. My question is, there is a lot of talk about how it is a positive that it costs thousands of dollars to move your mobile home out of a park, in which case your turnover is very low. But on the flip side, isn't just as bad if and when you take over a distressed MHP with high vacancy? How do you fill your lot when the costs are that high to move a mobile home? Just wondering if I am missing something and filling vacancies is easier that I am thinking. Any feedback wouldbe great.
Thanks,
Kyle