I never really care about the POH lot rent even when its high. I like the Frank and Dave mantra the money is in the lot rents. The lowest market lot rent rent I tried to buy was 180 but everything on the deal was great with upside ( that park was at 140 i think) .
Other than that, i think 200 is the threshold but really would prefer 250 with good future prospects ( i.e. 2 bed apartment rents are 750 and lot rents 250).
I think if i lived in a 150 market and thats what was around me close by, i knew it and was comfortable with it, id probably go for it BUT i want everything else to be good!
Great question, looking forward to other responses.
I would take a 75 lot rent ( in a 300 dollar market any day of the week though )