This post is intended for those familiar with operating smaller parks.
I am aware that every deal needs to be looked at by the numbers. In general it would be seen that more units = more economies of scale.
If you were to plot graphs of return on effort vs. size of park and return on $$ vs. size of park, are there places on the line where the curve improves sharply?
For example, as a park gets larger and larger, at some point, part-time, then full-time management will be required causing a variation in the line at that point.
So, for smaller parks, is there a point where the hassle factor, driving to location, dealing with tenants, etc. is NOT really worth the income. Is there a point at which a small sewer plant would be cheaper to operate than a lot of septics, thus changing the curve?
Naturally, this depends on a lot of factors, eg. type of tenants, closeness of homes to each other, etc. Perhaps, I’m looking for more of a feeling from owners as to what size park they would not do again, assuming they still like parks and own parks.