4 unit Mobile Home park

[Chanee Kay]

Hey Guys! We’re looking at a 4 unit mobile home park. The numbers look great in terms of cash flow, however,I’m hesitant since the mobile Homes are park owned. I know that one of the bigges advantages to owning MHPs is the fact that the units are tenant owned which is much less of a hassle/expense. My question is: if the number look good-  is it worthwhile to pursue this and look at it more as a standard multi family investment to gain experience into the MHP Asset class, or to simply stay away from park owned units?