Senior Parks - So Nice, Gotta Be A Way To Make Money
I live in an "over 55" park in Washington state and see numerous homes sitting empty for long periods until the park ends up taking them over for the back lot rent. No renting is allowed, must be owner occupied. There are a couple I would buy and resell on contract, but I am afraid the lot rent would devour all my profits. There has to be a way to make money on these mobiles in such a nice park. This is one of several parks in the area with the same "problem". Any ideas ? 
You could try selling them by land contract or some sort of other seller Financing to get around the rental issue. Be careful to check with the park though to see if they have a first right of refusal policy. I got into a spot with a condo assoc. on a 55+ condo I took-over. Seems like a common place policy in 55+ condos and parks.
Thanks for the reply. I have been watching a couple of homes here that have been for sale by owner, low or no down, owner contract since August. One started out at 6800 and is now up to 9900+ asking price as the lot rent keeps piling up. I don't want to be in that same situation, but I cant help feeling that a creative investor should be able to make it work somehow.
You should get with the park management or owner and set up a contract that will put you in charge of all home sales within the park. You could also offer your services to screen the potential clients and check credit. make sure the contract states that you get a poercentage of every house sold. You would get to play middleman and anyone buying there house would have to pay you a percentage as you would have an exclusive contract within that park.
Good Luck,
Kyle