Has anyone bought a park with all Section 8 tenants? How does that work through the sale? Would you be concerned in buying a park that makes a lot of sense on Section 8, but not sure how well it might do if it wasnt for Section 8, if that makes sense?

Curious as to what is industry standard? TY

Curious how many operators speak Spanish? As I eat here at a Mexican restaurant and think about my tenant base. I feel like it would be a huge plus for tenants and labor market. My dad also learned/speaks some Spanish:understands a good amount just because the tenants.

So I am currently starting to learn flipping MHs, renting MHs. I believe this will help me gain some good knowledge for MHPs as well as being in the parks locally in both of my markets, I will gain trust and leverage when the owners sell, maybe not now but down the road. This will also enable me to build some capital for either myself or potential JV partnerships down the road! This will almost pull all aspects of parks together. @Michael Pansolini @Ryan Narus @Connor Cogdill @Tiernan Laue let me hear your thoughts. I know I haven'tbeen as active as I was earlier, I'm really working more on my physical health and it's helped me light the fires again!

Is NC 30 day or 60 notice? I thought you only needed/required a 30-day notice. What Claude said-(First day using Claude instead of Chatgpt :)) For general NC month-to-month leases: The notice period for a rent increase on a month-to-month lease is typically 30 days. Legislative Reporting Service But for your MHP specifically: Under the North Carolina Mobile Home Park Act, landlords must provide mobile homeowners with a minimum of 60 days written notice before increasing rent. Zook Cabins So it actually depends on which type of tenant you're dealing with: Tenant who owns their home, rents the lot from you → 60-day rent increase notice (MHP Act applies) Tenant who rents the home AND lot from you → this gets murkier, but to be safe 30 days is the floor, and 60 is the safer choice since the lot is still involved My recommendation: keep 60 days in the lease for all rent increases. It's the safer, more defensible position and it actually helps you too — it gives you time to handle pushback or turnover gracefully. Would you like me to update the lease to clarify this distinction, or leave it at 60 days across the board?