Hi Frank,
In several posts and on the weekly calls, you have mentioned to moving to a RTO/rent credit model to get around the safe act.
Do you recommend that model for people starting out buying smaller and older parks that already have quite a few park owned homes? In your examples, you are bringing in new Legacy homes.
I’m seeing that a lot where a MHP might have half of the old junky homes as park owned homes.
Is this RTO/rent credit model viable in parks with older homes? I’m getting info from others that there are tremendous liabilities to owning older park owned homes that might include injury, fire, or just plain pain in the ass tenants that will find any reason under the sun to sue you.