How do I purchase a mobile home park, "the process"

[Michael Payne]

Hello everyone!

I represent a very well capitalized client and we are in search of purchasing some mobile home parks. However, this is the first translation for me in the mobile home arena and I'm not sure at all how it works with these type of properties. What documents do I request from ownership to get a clear picture of what the value is, the net operating income and the CAP rate.....can any one lend some advice!?

Thanks

Mike Payne