@Christian WathneB Neighborhood maintenance is still done, assuming they have been solid tenants and no issues, your lease holds them liable, temps above freezing and furnace at 45, they pay all utilities.

It will be reported as rental income.You will also be entitled to take ordinary and necessary deductions used to upkeep the rental business which includes items like repairs, utilities, mortgage interest, real estate taxes, depreciation etc.

I am planning on splitting the utilities so that I wouldnt have to pay for them. 

Since then, I've been listening to podcasts non stop, browsing through forums, reading tons of BP articles, and scouring around for reading material (REI & business books). 

The mobile homes and the lots are owned by the park.Gross monthly income is $2,070/monthOwner pays:-Trash is $64/ month-Water is $200/month-Tax is $25/monthTenants pay their own utilities, electricity and gasSelling because it has a lot of equity in it$84,000 with option of seller financingRent ranges from $275 through $575/monthOwner charges a lady who has lived on the park for 7 years the lowest rent of $275/monthCity sewage and city waterAny and all advice on this deal would be greatly appreciated.

@Maria HintonMost of those "guru" speaking programs are focused on parting you from your capital ... whether you learn anything of material and become successful in investing is somewhat secondary.If you want to learn about real estate in a classroom-type setting, I would suggest auditing a course on real estate at a local university or community college.  

Or whether the project is paying for materials going to another project.  

@Huiping Sheng  - if landlord is responsible for utilities, you certainly want to see the utility bills.

Anybody have any good suggestions on books or materials to better myself in the art of negotiation Ive watched videos but I'd rather read a great book Good suggestions on great reads only 📗📕📗📕📘📕📘📕📘📗📕📘📗📕📘📗📕📘

Like in this property of about $45k gross annual rental income, utilities would be about $5k.