Same property listed water bill paid by landlord so how much does it cost to put individual meters for each property so cost can be moved to tenants? 

For those who are highly disorganized, I sometimes advise them to have a separate account for each property, depending on the scenario.  

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

However, after renovations, the numbers improve significantly, and the challenge lies in bridging the gap between current and future performance.Expenses typically run at a 30-50% expense ratio for mobile home parks, depending on management and infrastructure conditions.

If they leave is the market really good or how many months will you need to carry the other rental unit's costs? 

@Mohamad Guene Regarding your question, it really depends on the investor.

You can always consider doing a cost seg study on a property that you buy and that can also help with tax benefits if you cannot qualify for the real estate professional status.

An article from The Mortgage Reports explains:“The amount you need to put down will depend on a variety of factors, including the loan type and your financial goals.

It also saves you some costs, which is helpful when you’re just starting.

What are you hoping to get out of the extra time, work and costs of having the LLC?