Silver Lands Management Group
Studio 168 Productions · Due Diligence Hub
Hub
Onsite Due Diligence

How we evaluate manufactured housing communities.

A short, plain-English walkthrough of the methodology, scoring, and data pipeline behind the Sunset Vista Estates DD hub.

Contents
01Overview 02The Portfolio 03How We Inspect 04The Checklist 05Rating System 06CapEx Methodology 07Value-Add Flagging 08Data & Technology 09Deliverables
01 · OVERVIEW

Why this tool exists.

Traditional onsite DD on a 400-lot portfolio is a clipboard-and-camera exercise that produces a notebook of observations. What gets photographed stays on someone's phone. What gets written never makes it to the financial model. A week later, the team is trying to reconstruct it.

The Sunset Vista Estates hub replaces that with a structured, mobile-first command center that captures inspector observations, photographs, and CapEx estimates in real time. Every data point flows directly into a shared Google Sheet and Google Drive, so legal, lending, and asset management teams are looking at the same source of truth while the walk is happening.

The test: Thursday evening, back at the hotel, can we produce a critical-items-by-CapEx triage list for every property without opening a single folder of photos? Yes. That's the point.
02 · THE PORTFOLIO

Sunset Vista Estates — three properties, one deal.

A CMBS-assumption portfolio of three manufactured housing communities in Pueblo, Colorado. Seller is Saddleback Pro Properties. Each property has its own tracker with property-specific data, but the hub landing page rolls everything up.

Sunset Country MHC
5000 Red Creek Springs Rd
205 lots · 5 POH
Oasis MHC
2221 S Prairie Ave
161 lots
La Vista Hills MHC
3333 Starlite Dr
31 lots
397
Total lots portfolio-wide
45
Day DD window
Apr 20–22
Onsite inspection
03 · HOW WE INSPECT

The onsite workflow.

Each inspector opens the property tracker on their phone at the start of the walk. Every tracker is mobile-first, offline-capable, and auto-syncs to Google Sheets whenever connectivity returns.

Five steps per walk

04 · THE CHECKLIST

What we actually rate.

Roughly 100 items across 15 categories. Every item is scoped to be observable onsite — desk-research items (financial reconciliation, title review, zoning compliance letters) live in separate tools.

15
Categories
~100
Rated items
3
Lot-audit sub-sections

Category structure

05 · RATING SYSTEM

Four states, clear meaning.

Every rateable item surfaces a consistent set of options. Colors and left-border accents communicate state without the inspector having to read every label.

Good · No action needed$0
Needs Attention · Minor repair$ low
Critical · Major CapEx or liability$ high
Recommend · Value-add investment$ upside

Tap once to rate, tap the same option again to clear. On multi-select items (fencing, pest history, signage), tap multiple options to capture simultaneous conditions.

Scoring

Each option carries a 0–4 score. Category scores are weighted averages. Portfolio grade is a weighted roll-up. The scoring drives the Triage view and automatically flags categories falling below thresholds on the Dashboard.

06 · CAPEX METHODOLOGY

How we price what we see.

CapEx on every rating option is a defensible estimate tied to park size. The app auto-scales the cost based on lot count so a 200-lot park's infrastructure CapEx reflects reality versus a 30-lot park.

Park Scale Factor

// Baseline = 50-lot park (factor 1.0)
parkScaleFactor(lots, acres) = min(4.0, max(0.3, (lots / 50) × densityModifier))

// Density modifier adjusts for sparse vs dense parks
densityModifier = sqrt(min(density, 10) / 5)

// Applied to any item flagged scalable:true
finalCapex = baseCapex × parkScaleFactor × regionalCostMultiplier

Items that naturally scale with park size carry the scalable flag — mailboxes, perimeter fencing, street lighting, water main replacement, sewer main work, pest remediation, stormwater retention, fire mitigation, sidewalks, and landscaping. Fixed-scope items (pool, playground, single transformer) don't scale.

Example. "Many Broken/Missing Mailboxes" baseline is $4,500. On a 200-lot park (scale ≈ 4×) it's ~$18K. On a 31-lot park (scale ≈ 0.6×) it's ~$2.8K. The inspector picks the rating; the math is automatic.

Roads — percentage allocation

Roads use a sqft-based model. Inspector allocates what percentage of roads are Good / Seal Coat / Mill & Overlay / Full Repave. Per-sqft costs for each condition multiply by allocated area to produce a weighted total. Road area auto-estimates from lot count × acres, overridable.

07 · VALUE-ADD FLAGGING

Identifying the upside, not just the repairs.

Traditional DD checklists only measure what's broken. The Recommend pattern adds a fourth state that captures what's missing — features a park could profitably add post-acquisition.

Current Recommend options

These roll into total CapEx the same way repair CapEx does, but are visually distinguished in the tier cards so the team can separate mandatory remediation from discretionary value-add during the investment committee review.

08 · DATA & TECHNOLOGY

The pipeline, plainly.

Each property tracker is a single-file HTML app with local-first state management. No backend server. A Google Apps Script acts as the sync endpoint to the shared Google Sheet and Drive folder.

What lives where

Reliability

09 · DELIVERABLES

What comes out of a walk.

Every artifact the team needs post-walk is generated from the data already captured — no re-entry, no "let me find that photo."

Silver Lands Management Group · Studio 168 Productions · Sunset Vista Estates DD · April 2026