What’s something most people misunderstand about mobile home parks?

Out with the old, in with the new.

Does anyone rent by the room in their mobile homes?

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?

I'm curious peoples thoughts on the future of underwriting and building models in excel. Will it be necessary to build models or even plug the data into them in the future? Or will we simply give AI like Claud the OM and have it do the full analysis. I'm wondering if there is hope for people like me who hate excel and modeling. I just started playing with Claud tonight and I'm already impressed!