Purchase Price $260,00010 acres (+/-) Not in city limits Midwest US 22 total Spaces11 Septic Tanks ( 1 per two spaces ) 1 Water Meter (city supply) Individually metered electric Income - $5,200 Monthly 8 POH @ $ 4,125 Total 1 POH @ $ 400 (includes electric) Maintenance man works out his rent monthly on an hourly basis so not included in above $5,200 5 Lot Rent @ $1,075 Total 7 Unoccupied Lots3 are move in ready4 need electric pole / meterExpenses $2,482 Monthly Water $400 per month average (park pays, does not pass on any costs but "watches the usage") Taxes - $187 per month Insurance - unknown ($200 per month in above calculation as estimate) Trash $225 per month average Electricity (night security lighting) $150 per month average Maintenance / mowing / cleanup, etc... $800 per month average Property Management - 10% per month ($520)12.5% CAP Rate assuming I bring in PM and don't touch anything else. 

In these deals, one partner supply the capital, up to a certain amount, the other contribute work and both agree to certain objectives.I was looking for quick flips to make a quick profits, and in NYC, it's rather hard to do.

Once you advertise your home as a rental you can legally start writing off: repairs, cleaning supplies, updates and photos.

In addition, there is demand for about 400,000 to 500,000 housing units to replace damaged or lost housing stock.[1] So supply is still broadly behind demand for both 1-family and multi-family units, though the tightness of supply varies across metro areas.

Could be a supply line, a drain line, or perhaps a wax ring on the toilet. 

Your local building supply contractor could advise you on a product. 

The supply pipes seem to be galvanized steel and drain seems to be PVC.

I have even used credit card checks to get funds (they charge 3 - 4% fee for 12 - 18 months of 0% interest) and buy supplies at Lowes and Home Depot when they are running 0% financing promos. 

Two hours and $50 of cleaning supplies could make it look pristine; it just clearly has been neglected.First floor unit has had some cynical 'renovation' work done but is falling apart at the seams.

Your handyman knows what he needs to fix a problem and you have the supplies to fix problem.