Why Mobile Home & RV Parks Are the Hidden Cash-Flow Goldmine

Host Christian interviews Leo Young, founder of Cornell Communities, about investing in mobile home parks and RV parks as a cash-flow-focused, recession-resistant niche of multifamily. They discuss why these assets work for entry-level housing, the operational differences from traditional multifamily, and the benefits of tenant-owned homes. The episode covers deal sourcing and financing trends, converting park-owned homes to resident-owned, creative structuring options, and practical challenges like infrastructure and septic. Leo also shares his growth story—how he scaled to several hundred pads in a few years—and key lessons for new investors, including underwriting discipline and the value of keeping steady income while scaling.