Lotly vs. Yardi for Mobile Home Parks
Yardi is the enterprise standard for large institutional real estate operators. It can do almost anything — including MHP — but the configuration burden and price point assume an operator with dedicated IT and accounting staff. For sub-1,000-unit MHP portfolios, Yardi is overkill.
| Feature | Lotly | Yardi |
|---|---|---|
| Lot-level occupancy tracking | Native | Configurable but heavyweight |
| Lot rent vs. home rent split | Native, separate billing | Configurable |
| Park-aware tenant screening | Built-in (TU + criminal + housing records) | Enterprise-tier integrations |
| ACH-first rent collection | Default; sub-$1 per transaction | Available; not default |
| Built-in certified mail | Native one-click | Available via Yardi suite |
| Infill stage tracking | Native 6-stage pipeline | Configurable, complex |
| Owner statements | MHP-formatted, no QBO required | Configurable |
| Tenant portal mobile-first | Sub-90-second pay flow | Mature but dated UX |
| Pricing model | Per-lot, vacant-free, month-to-month | Enterprise — quoted |
| Built specifically for MHP | Yes — designed for parks from day one | General-purpose enterprise |
Where Yardi wins
Institutional-scale portfolios with mixed real estate types, where standardization on a single platform across asset classes outweighs MHP-specific depth. Yardi's reporting suite and integration ecosystem are unmatched at the enterprise tier.
Where it doesn't fit MHP
For pure-MHP or MHP-heavy operators below institutional scale, the configuration overhead, training burden, and price point all exceed the value Yardi delivers. The MHP-specific workflows that Lotly handles natively require custom build-out in Yardi.
Pricing comparison
Yardi pricing is custom-quoted and typically starts in the four-figures per month for the smallest enterprise tiers, plus implementation fees. For sub-500-lot MHP portfolios, the math doesn't work — Lotly's per-lot pricing is a fraction of the Yardi cost with better MHP-specific functionality.
When to switch
Operators on Yardi who are MHP-only or MHP-heavy typically migrate when they've outgrown the configuration burden. The migration is meaningful (60-day project) but the operational simplification and cost savings are substantial.
Best for
Yardi: Institutional operators (5,000+ units) running mixed real-estate portfolios.
Lotly: Mobile-home-park-first operators who want lot-level workflows, certified mail, infill stage tracking, and per-lot vacant-free pricing without the apartment-DNA workarounds.
Pricing
Yardi: Custom pricing, typically four-figures per month minimums.
Lotly: Per-lot pricing with vacant lots free. Month-to-month contract — no annual lock-in. See pricing →