This piece just pointed out that there can be a very seedy element to the MHP model than some take advantage of.

On guts I build color and textural elements around the hard surfaces.

There have been numerous cases where the refinance right before a sale has been deemed to be accessing profit and the exchange denied. 

However I've seen numerous defaulted fix and flip loans, and the lenders are holding out for par. 

We look at "rent increases per year" it is one of those numerical numbers that take a lot of those inputs into account.

Aloha,The "disconnect" is largely due to people...Tenants, Owners, Buyers, Sellers, NOT taking the time to actually read what they are signing; NOT asking even the most basic of questions about any portion of the document; NOT understanding the consequences of whatever details they might have actually read; NOT understanding the basics of Contract Law; and, frankly, NOT caring...it is so much easier to ask forgiveness than permission, and you can always lie to support your position.For these reasons, I require all adult tenants, and Guarantors if they reside locally, to meet at our office where I go through each page of the Rental Agreement and addenda, pointing out key elements and in particular those which are most important to me as PM.

These homes do have an element of equity in them which is true equity.  

@James Rader You are right a true turnkey, one that takes care of all the major elements such as roof, mechanicals, plumbing, electrical and flooring to a high standard of life left or new should provide you a fairly low maintenance investment for years, but you have to watch for those high standards, not all turnkey companies are the same, and some can do some pretty low quality rehabs.  

The city has numerous redevelopment construction projects going on, and it seems like they finally have a sensible execution plan.

Welcome, there is a search feature that if you type this exact subject into you will find numerous great threads to help you get started.Part of wholesaling is figuring out how to do this yourself, we are here to help with the weird details but the general principle of it can be learned by using the search feature.Cheers,