Hello - Thank you for the opportunity to post these questions! I live in WA state and am relatively new to investing. I closed on a small Mobile Home Park (14 units where the tenants own the trailers) last month. Although I felt that I had done my due-dilegence I am learning alot this month! I have many questions, but a few are most pressing right now and are all about the same unit:
Can I block the sale of a trailer that has past due lot rent?
What would you advise on getting past due lot rent from a tenant that sold his trailer?
The “new owner” of this trailer wants to sublet - why do most MHPs not allow sub-letting?
In the interest of not taking too much of your time, I will leave it at that without all the details. Any advice is definatly appreciated! Sincerely,
Pla