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Originally Posted by freebeard
Renting ground to sketchy people like me is having a tiger by the tail. Some are litigious, some exit via arson.
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Realistically what can an angry tenant do to a hedge fund owned property management company? Burn down your own trailer - OK how does that hurt the company? Sue - those companies have lawyers on staff that handle nuisance lawsuits all the time - just the cost of doing business as a slum lord and factored into the rent. Harass the local property manager - he is just a faceless low paid employee to the owners. Many aren't even paid - they just get a rent-free lot as compensation.
When the only thing you actually own is a piece of dirt that you rent to people there isn't much they can do.
Mobile home parks are pretty much tailor made to abuse the tenants. It is advertised as one of the perks of owning them.
https://www.mobilehomeuniversity.com...al-real-estate
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If you like having a monopoly, holding all the cards, knowing the tenants won't move their homes out, never worrying about someone building a new property near you, and taking one of the tenant's biggest assets if they default, then you're going to love mobile home parks. That's why mobile home parks have the highest returns on investment of all categories of commercial real estate.
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