You essentially lower your exit cap by improving the park from a visual and functional stand point. 

I became visually impaired and unable to care for myself due to a stroke and I had to learn how to use all my muscles again.

Typical radio silence treatment that has become all too common with the times.  

After walking the units and giving a halfhearted visual inspection I made an offer on the spot.

It’s is sometime better to start earlier just to document for the long term cap gain treatment. 

You may have your own sewage treatment plant .you will need to buy a large tractor with loader, a small dump truck , lawn equipment , golf carts for employees to get around .Build a house or 2 for management to live in . 

When we took it over we discovered the entire building was infested with bedbugs so badly that our bed bug remediation said if this had happened before heat treatment was introduced the building would have probably been torn down.

@Rafael Trinidad Buy, build, Then hold for over 12 months could get you long term cap gains treatment.

I found this article stating that there's been an increase in water / sewage due to recent construction at the water treatment plant, but these bills are hundreds of percent more than i've been paying over the years.Anyone in the Binghamton area having a similar experience?

Also, your tax advisor may recommend different tax treatment for those businesses.As your business grows and you acquire more rental properties, you may want to segregate your properties into multiple entities for increased asset protection.