I’ve got my eye on 2-3 smaller parks (15-25 units) and wondering how you evaluate the local economy. What metrics do you look for?
I understand that unemployment is a major one and understanding what industry employees the workforce in your target area bur what are the metrics used during your “litmus test” of an area prior to going to work on getting it under contract?
I already plan on doing the CraigsList test as well and see how that goes.
This is my first venture into the MHP industry and am very motivated and enthused about the opportunities.
Thank you everyone for your time and advice. It is very much appreciated.