I'm a bit of a noob here, but the rational me might assume that if a park is listed on public sites such as loopnet.com, that they might not be a deal at that point.

Because depreciation technically doesn't lower my cash flow at all.First, I agree with Steven that you must claim the utility income received as income and you are allowed to deduct the appropriate percentage of the utility expense based on some rational approach.

Rational people can probably disagree about the utility of spending money on various items of all sorts.  

There is no pro-ration of "unused" rent to give back if either of them breaks a one year lease.

It's very easy to rationalize your profits away and work for free.

To make your money you can improve it (clean it up and have it surveyed... or have title issues resolved during closing) or list it fsbo at a still super low price but more than you paid.Taking advantage of people would look something like.... mailing to that same list and telling them that they are very close to losing the property whether they are or not, lying to them... like telling them that you are offering market value, telling them that you can close in seven days and then stretching it out to 45 days because you don't have the money, offering less to a seller that can't make rational decisions, telling them that they get nothing if it sells at a tax sale when the state has a clear system for overage collection etc...  

A rational person will oblige to the sways of the market.

I only owe one: i have high debt income ration already. now try to get another: i need the rental income......do you have any lender you can recomend?

If it went into foreclosure i am pretty sure the second would be completely wiped out (although I recognize that rational arguments like these don't always work with the banks).I have authorization from the seller to talk to both banks so I am going to get started on that on Monday.I'd appreciate any advice you can offer this newbie on what could be my first subject to deal.

While the property's NOI is identical in B and C, B is a decision that economically rational people would take on, whereas C would not make logical sense (as far as I can tell, but again, no experience).