I don't think that painting over water damage and is doing what you need to do to make a profit, I think it's unethical.  

The prevailing formula is 72/84For a park where the tenants pay water/sewer: Lot Rent x Occupied lots x 84 = Price at a 10CAPFor a park where the park pay water/sewer: Lot Rent x Occupied lots x 72 = Price at a 10CAPKeep in mind this formula only shows you what the potential of the park is under normalized operating conditions.  

It currently  all on one water line/bill.Wanted opinions of splitting the parcel and selling one or the other and I would assume I would need to separate the water meter some how.

The basement is completely open, with the HVAC and hot water heater in the center up against one of the 2 fireplaces.  

Anything else: I provide a welcome letter for the tenant, which includes information on setting up water, internet, etc..

Aside from the massive time crunch, other problems cropped up as the bathroom was stripped down - a water line snapped in the crawl space; some drywall had to be replaced; etc.

I like @Rick's response - - UNLESS you are a party to the transaction (for clarity, the buyer OR the seller) you'll only muddy the water and if you were involved as a contractor at any capacity, you can easily get your name sullied needlessly. 

On average what kind of Fixed expenses am i looking at for Water, Sewere, Electricity and garbage. 

Well water and septic are typically significantly easier to do that setting up for city/public services. 

As soon as you inquire about business/commercial lending it's like they smell blood in the water, they want higher downpayments, rates go up, length of loans goes down, and the process is way more of a hassle.