Living Well with RentWell — From State Trooper to Mobile Home Park Mogul with Karl KulpakWhat if the most overlooked asset class in real estate was hiding the best numbers? In this episode, host Rob Coldwell sits down with Karl Kulpak — former Pennsylvania State Trooper turned full-time mobile home park investor — to walk through a real deal in real detail.In just two years, Karl built a portfolio of 242 lots with a market value of $12.5 million, starting with nothing but a single-family rental and a four-day course that changed his trajectory. His goal for 2026: 500 lots.Karl breaks down his second acquisition — Olympic MHP in Van Wert, Ohio — with the kind of transparency most investors keep private: how he saw through the seller’s inflated NOI, why he assumed an existing seller note and what happened when the private lender found out, the 60–70% bonus depreciation play that generated $1.6M in passive losses from a $2M purchase, and how he found his in-park manager by simply asking residents if they wanted to help.Rob and Karl also dig into the phantom income problem with accelerated depreciation, why Pennsylvania’s proposed rent cap could make the state uninvestable for this asset class, and the ultrasonic water metering technology Carl is deploying across his portfolio to bill back utilities and catch leaks in real time.Whether you’re considering your first investment property or looking to add a new asset class to a mature portfolio, this conversation is a masterclass in finding the deals most investors walk right past.For more info and to reach Karl, go to SnowHorseProperties.com.This episode is also brought to you by SimpleSubWater.com and Rentwell.com