$325k PP 5% Down, 20-year Loan 5% Interest Total Rental Income Current:$2,550 a month $2,039 Payment to Seller every 17th of the month. 7 Pads 3 TOH=$400 per pad 2 POH=$950 rent plus $400 rent for other 1 Abandoned/Maybe tear down 1 Empty Pad Plans are raise lot rents, clean up park, infill new home, replace abandoned home or fix up. Potentially buy park touching it. To combine to a total of 13 pad park. Public Utilities, Direct Billed City Metered Water to each pad!! Negatives: Creek runs through it, no flood zone. Didn't get washed away in Helene like 5 other parks did within a 1.5 Miles of it. Part of the park has to go over the creek and little culvert and not paved. Its below a railroad track, the back part of it has a railroad that is on a bank behind/above it. The railroad has a 45 foot right away, but it will likely never be affected. Road to it, even though in city limits, is not paved by the town. Nor is the road in the park. See the park Instagram-Connorinparks

Does anyone rent by the room in their mobile homes?

Hey guys! Just joined the group mentorship program last night. Excited to get started. I'm based here in Nashville, TN. Married with 4 kids. I left my job in November to focus full time on real estate so I'm excited to fill in some gaps and get some help scaling as I learn from the best. I own a park in Kentucky and some real estate in San Antonio area. Looking to purchase several parks this year. I look forward to connecting with y'all.

How do you feel about a park in a flood zone? Would that deter you from purchasing? Anything to look out for if moving forward? Also would you get flood insurance?

Financing a mobile home park isn’t just about spreadsheets, it’s about storytelling and confidence. Lenders and sellers want to know one thing above all: Can I trust this person to execute? Strategic omission helps you answer that question before it’s even asked. You lead with what inspires confidence: market stability, solid collections, and your plan for increasing performance. Once your credibility is established, then you introduce the challenges but only in the context of how you’ll fix them. If you’re new to mobile home parks, the same principle applies, but your strengths will look different. Instead of years of experience, lean on your team, mentors, or strategic partnerships. Highlight your business plan, your commitment to learning, and the systems or management company you’ve put in place. A lender or seller doesn’t expect perfection, they expect preparation.