Opportunity to purchase 75+ Mobile Homes
Hi. I have someone who has a great working relationship with a few mobile home park managers in more than one state. They managers don't want to deal with people in general, but due to this relationship, they have chosen to pass them leads on MANY people who want to sell their mobile homes. The only seem to trust this person and now they need buyers for the homes, but don't have the resources. They don't want to deal with realtors or anything.
I don't have the specifics yet, but if I present the right deal, I can joint venture and purchase them, etc. I don't know what specific questions to ask going into this conversation. If there are enough homes to where the entire park is owned, is it worth it, if the land isn't acquired as well? Where do you find buyers for the homes or renters? I know I put 75+, but I think that its over 100. I really don't know yet as they are apprehensive to share this information, but they can't do it alone anymore.
Any advice to learn if this a good deal and how I can help the people if they are in distress and that's why they are so motivated to sell? Any red flags that I should look out for? Thanks in advance.