I’m looking at a first MPH purchase that has 40 tenant owned lots (100% occupied) and has city sewer and city water. Since there are no park owned homes does anyone know the average time I need to visit this park. What I’m getting at are what problems do I need to deal with if the water and sewer pipes are in excellent condition and the homes are about 20 years old and are owned by the tenants? Can I just give a resident free rent to monitor. I realize i need to take care of the roads and park owned lawn and collect rent and deal with garbage removal and cleaning up property once in a while as well as some tenant issues. Am I missing anything else. Can I live 4 hours away on my first purchase?.
My other question is rent collection. I own multi families where the tenants just pay online via e- Rent. Is that even remotely possible with most MPH tenants?