All Forum Posts by: Mark Ding

Thank you - will definitely check into title ownership again in the agreements! 

Definitely agree with the theory, but wondering if anyone has actually dealt with RTO's before if tenants are discerning enough to know about the title or if there's any other gotcha's

Hello friends!

First time park investor here, I've seen a number of properties that have substantial RTO lots, many of which were recently renovated & signed by tenants. Many of these contracts are for 10+ years before the tenant owns the home.

In theory, the tenant has a little my ownership, but when they know they're going to break, wouldn't the repair & maintenance costs be just as bad as a POH? Very interested in what are people's experiences with RTO tenants!

Thank you!