What are your experiences in converting renters in the park to rent-to-own?
I’m concerned that they won’t take care of the home. They are paying the same amount as when they rented and they haven’t put any money down. So they won’t they have the same attitude as when they rented and not take care of the place? I question whether they will put their money into repairs. I will get stuck with a trailer needing a lot of refirbishing when they move. What do you do when the house needs a repair and the owners don’t do it?
What’s your experience been?