Re: Lot Sizes - Posted by Todd K.
Posted by Todd K. on June 12, 2007 at 07:21:19:
I understand and appreciate your concerns. However, my question was not offered in an attempt to forego due diligence. Your book and others that I have read make clear that a variety of ugly problems can arise if one fails to investigate appropriate laws and regulations. Moreover, as a litigation attorney, I have had more than one client seek my help in trying to extricate themselves from situations in which they failed to perform adequate due diligence.
As my prior post attempted to clarify, my post was based on economic concerns rather than legal ones. In other words, I didn’t want to spend time and resources speaking with zoning authorities, engineers, etc. regarding legal compliance if the project didn’t make sense from a rental perspective. I have learned many things might be legal but do not make sense economically, so I like to address economic feasibility concerns upfront.
I am new to the mobile home market and didn’t know if placing a doublewide on a 65 x 100 lot was a common practice. Now that you and others have indicated that size does not pose a problem from a rental standpoint, I will perform the due diligence necessary to ensure I can utilize the property appropriately.
I apologize–any confusion or misunderstandings have resulted from my failure to properly communicate and articulate my question properly. I know that you spend a lot of time answering questions based on your experience, all without compensation, and your efforts are greatly appreciated. I didn’t mean to cause any problems. I hope to continue to learn from you and others on this board (including Jen), and again, I apologize for any miscommunication on my part.