I know there have been several threads on the topic of new homes (I have read them all I believe).
I really enjoyed reading this months newsletter and had no idea that there was this alternate and ludicrous lifestyle choice business model. I have read a few threads where I have come to understand that most of you are having to gear towards newer or new homes to fill lots due to the lack of repo inventory. Correct me if I am wrong.
As the park is geared towards low income, how are you overcoming the challenge of having to bring a new home with the cost of 30K and a low income renter/possible owner? For example I looked at a park and searched for homes near it that were for sale (used). Even the used homes were going for 30K.
Is it becoming that you are buying new or am I just not seasoned in finding the less than new homes for cheaper? How do you park owners evaluate the situation of having to bring in a brand new home and the prospect of finding tenants to actually qualify for that new home? I know you all have strayed from carrying paper because of the SAFE Act, but even in the instance of rent credits and new homes, do you find it harder to qualify and fill new homes?
I apologize if this post is somewhat jumbled as my mind has a million questions and thoughts while I am in this learning process.