Every park manager will tell you the people in their town can’t afford to give you a down payment on their RTO because the people in the area live paycheck to paycheck, or this is a small town, or this is a poor area. Well, that describes all of our tenants because we are in the affordable housing niche. However! There is a reason that banks require at least 20% down before they’ll let you buy a home. For a while, they were lax and were doing loans for 3% down or less. And look where that’s put