Tommy Dobczyk breaks down RV parks versus mobile home parks. RV parks are short-term rentals on pads with recreation amenities. Mobile home parks are long-term rentals where owners maintain roads, electricity, water, and sewer. In RV parks, assets can become liabilities with poor management. In mobile home parks, units stay assets.
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When it comes to doing mobile home or RV park, I think we want to just differentiate which one you want, you know?
Oh yeah, because I wonder. Ocala might be a little further out for a actual park, but I don't know, maybe we need to find out.
Because what you said. Here's what I'm looking at. So before we pick. Before we pick area, let's talk about RV versus mobile home. Okay. These two things, this is very important to differentiate right here. Do you know the differences between the two?
Yes.
Okay, so just to cover it for. For the show's sake, this one right here is short term rental. This is long term rental on the dirt, right?
Yep.
Okay. So the other thing is, is that this is just a pad where this is a. This is actually a house.
Yeah.
So that's a. This is. This either becomes. It can either be an asset or it becomes a liability, whereas this always stays an asset. Right. RV park also has recreation responsibilities, whereas a mobile home park has infrastructure responsibilities. Okay. Most mobile home parks don't have clubhouse, don't have a swimming pool, etc. But they have to maintain the roads and they have to maintain the electric. And if there is in a mobile home park, usually there's sewer, water tie in that they have to be responsible for.
