I absolutely loved the first one and they have just announced the second one is finally actually in development, for real this time.
They even had a kcikstarter to help make the movie even bigger and better, and it reached it's goal in 24 hours.
https://bloody-disgusting.com/movie/3947688/behind-the-mask-ii-the-return-of-leslie-vernon-immediately-smashed-through-its-fundraising-goal/
Looking forward to this long overdue follow up.