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There is a common misconception that land-lease communities are still affordable at low and very low income levels and that leads to a lot of frustration by those who were counting on them as a low income housing option. As for development, there are occasionally (one or two a year) some smaller and very old communities that close to be sold for other land uses. (apartments, shopping mall, etc.) But these are not the MH Resort parks most are interested in. We discuss how to measure/mitigate that risk in our MH Buyer program.

Thanks for your interest!

Yes it is, As I recall it was 1986-1988 or so. But that "dated" look is more the décor I think. There are thousands of these homes across Florida in great shape but in need of some paint and updating.

I have no idea what you would consider expensive but I can say monthly fees are less than half of nearby land-lease parks with far greater amenities.

Actually, you should check the crime rate in any area you plan to move. I lived in a very high end park in Sebastian - a low crime area. But the park abutted a very high crime area. They arrested a drug dealer in the park while I lived there.

Some had serious damage to some homes and some did not. Pre '94 homes faired worse than newer models as expected. In one area, a park on one side of the road had serious amounts of damage while the park across the street had none. As far as I know, only one park decided to close. It was a park owned locally and I believe the owner used it as an opportunity to sell.

I'm not familiar with the HUD VA section 8 vouchers other than to know very few, if any land-lease parks accept them. That may change if HUD goes to direct payment.

Unfortunately most land lease communities in Florida are twice to 3X that. The only option there is a Resident Owned Community (which mostly have HOAs) or a home on private land. There are several videos you can watch: th-cam.com/video/4G_FcZOZv-E/w-d-xo.html&pp=gAQBiAQB

Thank You!

Thanks!

You are welcome!

@@drfranknadspal It’s a legitimate concern. There are also hoa & non HOA subdivisions as well as recreation districts. We cover all that in our MH Buyer program.

Recommending parks is like recommending cars. Everyone has a different budget, tastes, and goals. Factors such as area, proximity, amenities, age, home prices, lot rent, etc. create too many variables. My ideal park, just like my ideal pair of shoes, won't fit you. You need to identify your needs, narrow down your choices, and then contact the park(s) to see what's available. For more info on MH parks attend our FREE Workshop, Sign up to be notified of the workshop availability here: fmhla.mykajabi.com/mh-new-buyer. I have no way of determining age or sex distribution in parks. There are a few that accept limited numbers under 55 but again the is no list or way to find them other than through a local agent.

If you get the insurance it's on your structure and minus deductible you will be covered for repairs to anything determined to be caused by legitimate sinkhole. I believe the park owner's responsibility is to provide a safe and usable lot but I suspect an attorney or an insurance agent would be better able to answer who pays to fill the hole. No insurance covers you for something that happens to your neighbor nor does the park. Let me point out that citizens insurance includes sinkhole coverage at no extra cost so that might be a good option for you.

@@bettyb1581 Interesting as it is not currently licensed as a mobile home park according to DBPR. They are listing mfg homes for sale so it will be neat to see what happens.

@@RussellWatsonFMHL very interesting piece of information, we shall see. Thank you

It is important you understand the total costs and if you can afford it. For more on that sign up for our free workshop fmhla.mykajabi.com/mh-new-buyer

NP @charlottrkoehler8280 , this is just one example of the many kinds of deals out there. Be sure to check out some of the other videos on the channel th-cam.com/users/FloridaManufacturedHomeLiving as well as all the resources on our website: www.floridamfghome.com/ It's all free!

That is simply not true. Florida has statutes that address that. We cover that including specific references to the appropriate statutes in the MH Buyer Program.

Yes, that is the tradeoff. From the financial viewpoint Land-lease communities require much less capital investment at higher monthly costs while ROCs are just the opposite. To live in these communities today you need either capital or income. If you have both, then you have many more choices.

If paying lower monthly fees is high on your priority list why not look at Resident Owned Communities? Here's a list of videos to get you started: th-cam.com/video/10eCCZjxyJ0/w-d-xo.html&list=PLITxS9iTEF0b9WqqQz6iFOAp9RNnWGFPg

@@RussellWatsonFMHL thank you.i enjoy your videos

NP @DorthyConti , this is just one example of the many kinds of deals out there. Be sure to check out some of the other videos on the channel th-cam.com/users/FloridaManufacturedHomeLiving as well as all the resources on our website: www.floridamfghome.com/ It's all free!

@@RussellWatsonFMHL Okay thank you very much I will check out the website. Thank you😀

Glad it was helpful!

NP , we each have our goals and ideas on what is worth our hard-earned assets. There is no question this does not meet everyone's needs. The idea is to present enough information that you can know the alternatives and make an informed decision. My only question is: If it was so bad, why did it take you sixteen years to move?🙄

@@RussellWatsonFMHL Not mention, AZ is so much more friendly on my arthritis!

Those increases are higher than average for Florida but that lot rent, even at $561, is very low for a land lease park. That said, there is no question that ROC's are the answer to a need for low monthly payments.

You can request a statewide CoOp list by joining our Inner Circle. It's Free! www.floridamfghome.com/Buyer-Resources

All communities are required to tell you what the increase will be at the next regular lot lease renewal. After that I doubt they even know.

In a CoOp you do not own your lot. Instead, you own a share in the corporation that owns the land and common areas.

I imagine I'll get there at some point but that area is so expensive.

There are lots of resources on my website: www.floridamfghome.com/additional-resources I don't sell homes.

Some folks just don't like lot rent. If paying lower monthly fees is high on your priority list why not look at Resident Owned Communities? Here's a list of videos to get you started: th-cam.com/video/10eCCZjxyJ0/w-d-xo.html&list=PLITxS9iTEF0b9WqqQz6iFOAp9RNnWGFPg

That is true in a Land-Lease or Cooperative park. But not in a Subdivision or a park organized as a Condominium. You can also use it to buy a manufactured home on a single fee-simple lot or piece of acreage. Take a look at my video on Barefoot Bay as an example: th-cam.com/video/4G_FcZOZv-E/w-d-xo.html

NP @mariakucinich9427 , this is just one example of the many kinds of deals out there. Be sure to check out some of the other videos on the channel th-cam.com/users/FloridaManufacturedHomeLiving as well as all the resources on our website: www.floridamfghome.com/ It's all free!

Perhaps someday but currently I’m working on other areas.