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The following list contains recommendations from a number of agencies that are hired by insurance carriers to survey Mobile Home Parks. By following their recommendations, hazards or potential hazards in a park can be reduced.

Here are some great tips if you've ever had questions about whether or not to file a claim. For your convenience, I summarized the important points from a recent article in The Atlanta Journal Constitution.

When one section of a manufactured home is destroyed, the question becomes -"What is the extent of this loss? Half the home or the whole home?" The destruction of one-half of a multi-section home can be more traumatic to the home's owner than the destruction of the whole thing.

It may be a great time to invest in Mobile Home Parks. Why? As interest rates continue to rise, many experts expect the need for affordable housing to increase. Have you considered adding one to your investment portfolio? Many investors, when considering an investment in multi-family, will typically think only of apartments. Mobile Home Parks have come along way from the stereotypical "trailer parks".

Timelines Involving Financing Pitfalls to avoid and steps to a smoother transaction. Why are so many purchase contracts for income-producing properties set up to create timing anxiety, which ultimately risks a failed transaction? I have seen both seasoned professionals and first-time investors unknowingly create conflicting deadlines in regards to key contract dates involving a Financing Contingency.

As you go about finalizing a deal on the purchase of a mobile home park, you need to take into consideration whether or not you want to set up a separate business entity through which you will own the property. In this regard, an ever growing number of men and women who are investing in multi-family properties today are setting up limited liability companies in order to provide a vehicle for ownership of their investments.

Manufactured mobile home owners have long benefited from factory built housing and understand the benefits of building homes in climate controlled work areas. Modular Homes has taken the benefits of mobile homes and have expanded them. Manufactured mobile homes are constructed to the Federal HUD building code which requires a non-removable steel chassis.

Following are the basics, in outline form, of the most secure, saleable, seller financed mobile home notes. Please note this outline is specific for home only/chattel loans in land leased communities. While I understand some of the possible benefits of lease options, they are not sellable in the secondary market.

The MHC lending market has now been strongly impacted by the mortgage meltdown. Always considered to be a specialized asset class by banks, this historically underserved market constricted further as risk weary banks restricted their lending practices in the second half of last year.

This is the decision many mobile home park investors make when deciding on which property to acquire; a park with a higher density of “park-owned” homes or one with “pads-only”/less than 25% park-owned. As the available financing for manufactured housing to individuals intending to place their home in a mobile home park has “dried-up”, there are more and more parks where the park owner rents the both the pad and the mobile home.