Posted by ray@lcorn on April 24, 2006 at 13:15:12:
I’ve never done a master lease so I can’t help there.
As to the park-owned home question, the answer would be yes as long as the lease permitted it. There will be some logistics to work out as far as delivery of titles for the homes and insurance, but it can be done.
However, you may want to rethink the lease/purchase angle. See this post: http://www.creonline.com/commercial-real-estate/wwwboard5/messages/19834.html