You may be right but based upon how far underwater these properties are, the fact that they’ve already diluted shares with pref equity (and blown through way more than projected) the likelihood of returning any LP equity is slim to none even with another Capital call.  

The biggest value tends to be clarity + speed, not flashy theory.

When looking at mobile home parks you’ll want to get clarity on a few key things: are the homes tenant-owned or park-owned, what’s the current occupancy and market rent compared to what tenants are paying now, what’s included in the rent (utilities, lot only, etc.), and what the infrastructure looks like (sewer, water, electric) because those systems can make or break the deal long term.

I hope that gives you some clarity on how we approach helping homeowners.

The odds of living in a city that meets all those conditions are slim, so look for markets that do.Here are the key requirements for an investment city:Metro population over 1 million: Larger metros are less dependent on a single employer or industry.

I do think you need to find a way to address 6 and 22 that takes care of your concerns (things break and no you don't own the utility companies so yes if the electric goes out they need to talk to the electric company but they still have to pay rent) and that may require revising this section for clarity.

I will keep you posted on any future developments.”Cool, it’s great that you gave clarity. 

Amortization Schedule – simple but helpful for clarity; shows the payment breakdown and remaining balance over time.5.

Even if you file judgement the odds of collecting are slim to none. 

The more clarity you have before closing, the smoother it’ll go.