I am doing due diligence on a park.
I am reviewing the city zoning ordinance, and found this...
"Mobile homes are permitted in all existing parks, but no mobile home removed from the park may be replaced by another mobile home."
Does this mean what I think it means... If a home gets pulled out of your park, you can never bring in another home on that lot?
Also, there are already vacant lots in the park that I would want to fill. The park has been in existence for decades, so I think there is a good chance that at one point there were homes on those vacant lots. So I cannot fill those lots?
If this is true, then I think this would be a deal breaker.