My dad and a partner are considering developing 11.7 acres of land in Houston to a Mobil home park. The demand in the area is good and most people in the area are low income. Each lot will rent for 250-300. We don’t want any Park owned ones, just to rent out the spaces.
My Dad owns a Utility company and we would tie the Park into our water and Sewer systems. We would also individually meter each lot so they pay for that. My question is this something he should get into or is starting a Mobil Home park just way to difficult. I have been a lurker on here for about a year, but can’t remember what you guys say said about starting a Mobil Home Park. I appreciate any advice and tips you can give me.