Leo Young

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Managing Partner

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Leo Young is the Founder & Managing Partner of Cornell Communities, a private equity real estate firm revitalizing manufactured housing communities across eight states. With more than $75M in real estate transactions, institutional private equity experience, and hands-on operational leadership, he expands access to affordable housing while generating disciplined, risk-managed returns for accredited investors.

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Sept. 22, 2026

Why Mobile Home Parks Are One of the Best Cost Segregation Assets in Real Estate

Mobile home park investing has a cost segregation edge most real estate investors never see. On most manufactured housing communities the operator owns the land and the residents own their homes, so nearly the whole purchase price sits in roads, utility lines, pads, and site work instead of a 27.5 year building. Run an engineering-based cost segregation study on that and 40 to 80 percent of the purchase price can land in 15-year land improvements that qualify for 100% bonus depreciation in year ...
Guest: Leo Young