One should look at what the NY legislature has done to mobile home parks before they form any opinions. It is no wonder Mom and Pops can’t afford to own them anymore. During the last round of legislative changes to to rental and eviction rules the NYS legislature created an entire section to punish mobile home park owners disproportionately compared to any others.
This is more liberal trash to make things even worse.
This is just some of it. Try weeding through this:
N.Y. Real Property Law 233 – Manufactured Home Parks; Duties, Responsibilities
https://www.lawserver.com/law/state/new-york/ny-laws/ny_real_property_law_233
N.Y. Real Property Law 233-A – Sale of Manufactured Home Parks
https://www.lawserver.com/law/state/new-york/ny-laws/ny_real_property_law_233-a
N.Y. Real Property Law 233-B – Manufactured Home Parks; Rent Increases
https://www.lawserver.com/law/state/new-york/ny-laws/ny_real_property_law_233-b
Would you want to be legally liable for all of that. And even the lawyers don’t understand it.
Don’t forget the “Stabilization Act” of 2019 and then the crushing eviction moratorium.
https://www.nysenate.gov/sites/default/files/press-release/attachment/new_rent_reform_presentation.pdf
Anyone renting units for below market rents in NYS is a fool. Statewide rent control is coming as well as “Good Cause” eviction legislation.