Manufactured housing is one of the most overlooked sectors
in American real estate, yet it plays a critical role in addressing the
nation's affordable housing shortage. According to the American Housing
Survey (AHS), there are approximately 7.2 million occupied
manufactured homes in the United States, accounting for 5.4% of all
occupied housing. These communities provide an affordable housing solution
for millions of Americans, particularly those living in rural areas and
In this episode, Kevin McShan sits down with Leo
Young, Founder of Cornell Communities, a real estate investment
firm dedicated to acquiring and operating manufactured housing communities that
generate both financial returns and meaningful social impact.
Leo's journey is anything but conventional. Before founding
Cornell Communities, he generated more than $50 million in real estate
sales, worked on the acquisitions team of a $4.5 billion private
equity real estate fund, and became the top regional salesperson at Tesla.
Today, he combines institutional investment expertise, entrepreneurial
leadership, and operational experience to help investors build long-term wealth
while expanding access to quality affordable housing.
Driven by his mission to positively impact one million lives
through real estate, Leo has also built an engaged community of more than 30,000
aspiring and active investors through his Investor Club and podcast.
His practical approach demonstrates how busy professionals can move beyond
relying solely on earned income by creating passive cash flow through
thoughtfully selected real estate investments.
Throughout this conversation, Leo shares why manufactured
housing communities continue to attract sophisticated investors, how to
evaluate risk in commercial real estate, the lessons he's learned from building
a business across multiple states, and why financial independence is about
creating freedom—not simply accumulating wealth. He also discusses burnout,
entrepreneurship, leadership, and how investing with purpose can strengthen
both communities and investment portfolios.
Whether you're an experienced investor, an entrepreneur, or
someone searching for new ways to build long-term financial security outside of
traditional Wall Street investments, this episode offers valuable insights into
one of today's most resilient and impactful real estate sectors
For more information: https://cornellcommunities.com/
Instagram: @leoyoungrealestate
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