Why invest in smaller parks?
- Lower risk
- More diversification
- Economies of scale
=> if collecting rents electronically
=> try to concentrate in one state (or use holding company from Delaware?)
=> no "1 roof" or "1 boiler" rule
- Easier to convince the vendor to hold papers: difficult to find financing
Long term plan
Sell / 1031 Exchange and purchase a 1M park
- Lower risk
- More diversification
- Economies of scale
=> if collecting rents electronically
=> try to concentrate in one state (or use holding company from Delaware?)
=> no "1 roof" or "1 boiler" rule
- Easier to convince the vendor to hold papers: difficult to find financing
Long term plan
Sell / 1031 Exchange and purchase a 1M park
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