I only hire bilingual managers. No matter what happens with the deportations, the Hispanic market is too big in mh to ignore. Catering to them will make you money.

I have investors who do this with their units in my parks. They do fairly well with it. It is workable but management intensive

@Alex Bordei I think this is correct. We allow rentals with the same caveats for our own tenants. Background checks, our custom lease, tenant must pay them on time, we don't manage their tenants and any issues the home and the investor gets evicted.

What is it worth to sell outright? The cost to develop may not be worth the income of selling it outright.

Building a new park is almost always a fools errand. If you can get local zoning approval, you need land costs, infrastructure-roads, pads, water, sewer, electric poles, parking pads, and that’s before you get one home. You can buy several parks for this and have instant value and cash flow. Even adding pad sites to existing parks can be foolish in most markets. Yeah you put in 40-100k and got a pad. Why though? Your coc is anemic compared to pooling money and just getting a park.

A local investor built a park in my hometown. 1m in costs before the first home went in on a 30 pad park. 85k per home plus another 20k min for move, set, ac, skirt, porch. They’re listing it for 3m. My math says that’s a loss. But 3 new parks have been built locally in the last 5 years so you can do it, it’s just a really bad investment

It’s a nightmare changing software. My advice is pick one and stick with them. Rm is setup the best with mh in mind. It’s also a very frustrating software. I’ve used several others and demo’d all the rest. Nothing does mh like rm.

@Rene Doyle innago is bare bones and works for small parks. You can’t scale with it, it has no valid cash pay and no full accounting. It also will not transfer data cleanly to any other software if you transition. I used it until I got to 500 lots and that was a massive mistake. You’ll need to pay for accounting and if you want a cash pay service, you’ll need to use an add on that won’t integrate….or you can just start with rm that has all of this. And if you start rm when you’re small, you won’t think it’s so bad by the time you get bigger. From someone who knows this factually from first hand experience