Originally Posted by CAT-RN
More questions: So then you own the lot is that right?
Yes I have a deed for the lot. I own it and when the park is 90% sold the park becomes the property of the HOA.
Our reason for buying was that because of my back and neck issues traveling from spot to spot is to difficult so we wanted to be in one spot more often. We still travel but not as much as we had hoped to do. Second because we full time and it gets cold up north we need to be in the south for 6-7 months. Rent and availability were becoming an issue. We just didn't want to spend that much for the parks we wanted to be in. Every time we made a reservation the price went up. We found that a1000 a month seemed to be becoming the norm and we felt we should either find something cheaper or buy where we really wanted to be. So for 3500 approximately we could have the lot we want. They tell me that I can rent the lot for 1600 a month. I'm not sure I believe them but even at 1200 or so I can rent it and it's a 80/20 split. We get 80. So if we decide to go west some year we should be able to rent it and at least break even.
We certainly don't have all this figured out yet and it might not work like I think it will but it's or best foot forward and we will see what happens. The good news is at our weekly meeting they said the part is full January and February.