Am considering buying a very small MHP in Florida (cash or seller financing). Park is vacant of tenants and the homes (under 10) in it will need rehabbing. With the Safe Act, can I rent-to-own these MHs? Or if the Safe act is an issue, can I sell the home for a very small amount, lock them up in a 2year lease, and just charge a higher lot rent while recouping my rehab costs? Or am I better off just arranging third party financing for the homes?
Another question: which of Frank and Dave’s books would you recommend to start with? Was thinking of “Mobile Home Park Investing” written by Dave. Considering the Home Study Course, but need to budget for it first.
Thanks in advance