I need to purchase a new furnace, AC and hot water heater.

I am not sure what you mean by private utilities, the park has to have water and electricity to the mobile home park.

That is why we have to water our foundations in droughts and landscape to water doesn't run into our foundation. 

If the heater doesn't detect water flow, it stops heating, so you can't really cycle the pump on and off like a regular pool.Yes it is worth the trouble, expense and maintenance.  

Had some extreme storms with a lot of rain come through this past weekend and had my tenant call me to let me know there was water in the basement.

Obviously I will try to teach them how to manage money/assets but you can only lead a horse to water.  

My question is how serious of an expense is a water leak in the basement, the house overlooks the water as well so I feel like it would be a great investment opportunity.

Purchase price: $120,000 I was the Exclusive Buyers Agent in the transaction.Units were separately metered for water/sewer which was a great plus discovered in DD.The downstairs 2/1 unit was delivered vacant but this was the lowest price/ SF transaction around Olympia in the last 20 months which has great upside on rents and value with it's close proximity to USC and downtown.

Many foundation problems have water as a root cause - be that infiltration in a crawl space, drainage around the site, cracked sewer line or water line.

Purchase price: $280,000 Cash invested: $750,000 Sale price: $1,500,000 Bought a double lot, right on the water, to build two $750,000 homes What made you interested in investing in this type of deal?