How visible and accessible do you prefer to be at your parks? Do you prefer to mask the fact that you’re the owner from the tenants so that a chain of command through the Manager(s) is always followed? How do you handle park visits, where you may we walking around the park and behind homes with the Manager or with contractors in the middle of the daytime. Do you opt for saying that you just “work for the Owner”?
I ask because being fairly visible at the park we’ve owned for 20 years has certainly caused some issues, probably more than it’s prevented in hindsight. On new park acquisitions I would prefer to maintain a buffer zone to the extent possible, as you can always go forward in that regard but never go backward. Obviously if you’re not actively involved in management of the park and paying XYZ National PM Service to quarterback management with your live-in Managers, this ceases to be much of an issue.
Curious to get your thoughts on this, even to the extent of forming an anonymous LLC, etc. to mask ownership even further.