. $60,000 Purchase price$155,000 rehab$ 3,575 / month gross rental after rehab on apartment building (not including the 4,400 sq ft building) expenses; vacancy = 5%; Repairs = 5%; electric for common areas =$50 ; Water/ Sewage = $100 ; Garbage = $89 ; insurance = $200 ; management 8% =$ 286; Property tax = $250 ; misc = $125P& I =$1,667 Monthly cash flow on apartments = $345 plus I have use "free" use of the 4,400 sq ft building (which is my main goal in the deal

Hope you haven't been flooded in the past weeks. 

You're not going to find any sort of a 'buy a duplex and have the rent of one half pay the enitre mortgage'.For example, when we moved to East Sac, we bought a fixer upper high water bungalow, and completed the basement conversion into an apartment.

My inspector went to do the inspection today but the house was never dewinterize and when he went to turn the water on it started gushing out from the wall between the utility room and kitchen.

Keep your eye on the costs involved and while your at it check out the well and the water quality as you don't need any more surprises. 

I'm afraid that if I buy now in a few years I'll be under water?

Park is paying water.

monitor the gas, water, electric and door locks, maybe even cameras too, (cameras is what i do for a living).My utilities are not separate, so I'd like to monitor them individually, so i might as well make the meters smart.  

-15 Mobile homes all on individual lots and fully rented- Sewer/Water by the city and metered to the tenant- Rent for $450 each- Average lots in the area rent for $175 and homes this size $475- All 15 homes are located on the same road next to one another- 2.3 miles to walmart and city population of 61kQuestion:  Since these aren't in a "park" would you still value them the same way?

I had a bad tenant a few months back and cut their water off when they didn't pay.