I’ve got a strong lead on a park that has 19 POH. Average rent (lot + POH) is about $330.
If I sell the tenants the homes (for $1 or $100) but set the lot rent at ~$260 or $270, that’s a win-win right? It lowers tenant monthly payments (not accounting for maint) and increases my cash flow. Market rent is about $220 or $230.
City water/sewer, all bills sent directly to tenants.
Am I missing something?
I saw the other threads that said future buyers and appraisers will only count market rent, and understand that.