I agree with @jhutson 's statement:
- “Another option is to vet your tenant for a year in the POH to get comfortable with them, and if they’re solid just give them the home independently of the signing of a new 3-5 year lot lease.”
It is VERY IMPORTANT to vet your Tenants BEFORE giving /or/ selling them a MH.
I would recommend to vet them for at least 6 months up to a year or more.
The Tenants in your MHP will be either an asset /or/ a liability.
Good Tenants will not stay with Bad Tenants.
On Christmas Day my Husband got a call from a Tenant. I was concerned what the issue would be (ie…water leak / police call / something else bad).
The Tenant left a vm saying “Do not worry. There is nothing wrong. I just wanted to with you a Merry Christmas.”
Wow, what a nice message.
Now those are the Tenants and phone calls you want to get and those are the Tenants that deserve POHs (our Tenant actually owns his own Mobile Home).