One thing I am looking for in my first park is a vacancy about 30%. I want to be able to do some lonnie deals in my own park to bring up the income. I figure buying with the vacancy will get me a better price.
I have found a few parks that interest me. My question are there any tell tell signs that the park is going up or down? I don’t want the 30% to turn to 50% in a couple months. I
I know you can check the local economy and see about poplulation growth vs decline and the like.
For you “experienced” folks are there any signs to look for that give you a yea or a nay?
Brad, you might not be “experienced” but you can comment anyway:)