@Andriy_Boychuk , as per your question:
- "Small Mobile Home Park - Does It Make Sense?"
Everyone needs to start somewhere :-).
Thus, if the small Mobile Home Park makes a profit; is stable; and you will manage the MHP, I would say "Go For It".
My Husband (and I agree) said that small Mobile Home Parks are a great way to learn the business without getting in over your head.
I love the statement from @steelcitydavid
- "Is the park going to make me a multi-millionaire? No. Is it helping me to save the cash flow to afford a bigger park? Absolutely."
My Husband and I started with a stable, 24 lot MHP and then after a year purchased a 65 lot, turn-around MHP.
We wish you the very best!