It seems like the happiest investors here are the ones who have more of a hands off style,and I am considering this for myself, particularly in the winter months as I am considering a snow bird lifestyle (listen up here Rolf, I sense this is an issue with you as well!)
So after 40+ years of family owner/operator style management of a small town park in the midwest, I’m wanting to take a MHP to the “hands off” style of management…or at least to start the transition
we have 72 units, (71 plus a single wide home on a large lot suitable for an office unit) We have 2 units that are for sale, 5 vacant lots, and one unused lot and 2 in eviction
we have a well that is under professional management and our own wastewater system that we are currently working towards upgrading
I am going to set up a system with the bank wherein residents deposit rent directly with the bank and I would handle bill paying myself with the exception of a small petty cash account that I would set up with the manager
My needs are apparently
1 greeting of potential tenants and showing homes
2 reporting of violations
3screening new tenants
4 finding units to fill lots
5 scheduling maintenance
6 DAILY testing of chlorine levels in the water system and transmitting those results to the licensed operator
7 SNOWPLOWING (which has been an issue since I stopped doing it myself)
how do you propose that I proceed… and what would my costs reasonably be
.I am especially concerned about the daily water tests and the winter snowplowing