[landlord US-NC] Considering a mobile home park purchase
Currently own 2 properties and I’m aiming to grow my portfolio.
I have an opportunity to purchase a 9 unit landlord owned mobile home park.
Rent roll is $7480. Purchase price 550k.
Cashflow would be ~2k per month. It sounds like a no brainer but I keep second guessing myself.
8 of the 9 tenants are m2m.
I have the rent roll, previous 2 years of expenses, tax and insurance information. All the homes are from the mid 90s FWIW.
Given this information, would you move on it? What other information would you request?