Worth Buying a MPH on a 100 year flood plain map?

mobile home university
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Here’s a few more thoughts:

  1. You can’t reasonably purchase loss of business income coverage that includes flood as a covered peril (thus if the park floods and you loose a number of tenants, you are probably bankrupt);

  2. Ask some tenants in the park how high the water has gotten in the past. That’s a reasonable indicator;

  3. The Base Flood Elevation (BFE) is what matters. Most homes sit 2 to 3" above the ground they are on. Purchase a Flood Elevation Certificate on a typical home in the park. It will cost about $400 or so and it will tell you - the elevation of the 100 year flood plain, the elevation of the land underneath the home, and the elevation of the bottom of the first floor of the Mobile Home.