Hi everyone, I’d like to bump this post.
I have a small family mhp on the river (not too rough but low income), just far enough where I don’t want to drive there and mow. Decent tenants. My spaces are 30 by 80 all singlewides. There’s a half acre field common area that kids play in and that’s what I’ve been having to keep up.
So in all your pro experiences what is the maximum area that you would trust a tenant to actually keep up? Because I’m thinking about dividing up this field and either renting the spaces additionally, or just giving that extra land to interested tenants in their existing leases.
-I don’t mow, I don’t pay someone to mow, another step in the passive direction, people may compete for a chunk.
-Tenants don’t keep it up at all and it looks like a four letter word, then we issue notices kick them off the new lots, maybe cause a couple rifts, and we’re worse off than before. Or those who can’t afford it and have kids would possibly be excluded from the (old) play area.
So all advice is very much appreciated! I’ve also got 2 multifam properties in the same boat. Thank you!