I checked the comparable homes that were sold on the same street within the last 8 months and they sold between $145,000 and $160,000.

The main street (Pine Ave) and the surrounding neighborhood of the casino, where the building in the article locates, appear to be run down and dangerous.I attended quite a few open houses across Kenmore, North Buffalo and Westside last weekend and feel that the housing market in Buffalo, NY is still very hot.

If the pipe coming from the street is copper, the water company will have a clamp they can use on the pipe to shut off the water, but for "regular" use, the shutoff valve should be working.

Understanding one street can have three different values.

But I don't see how a couple of duplexes can pay for streets, curbs and gutters, here that runs about 100 bucks a foot and a cul-de-sac a little more.

You could be in on the ground floor of massive appreciation and get cashflow.Also, all of our rentals on corner lots and busy, secondary streets are easy to keep rented.

-Do my due diligence which usually includes Google street view to see if its something I want & to narrow my list.

Also, here is a list of very helpful resources if you are new and looking at getting into this niche (originally posted by John Jacobus): Books: Mobile Home Park 10/20 Investment System by Dave Reynolds, Frank RolfeMobile Home Wealth Part 2: How to Become Even Wealthier investing in Mobile Home Parks by Zalman Velvet, Stuart SilverThe New Investor's Guide to Owning A Mobile Home Parkby Laura Cochran, Erin CochranPodcasts: The Mobile Home Park Investing Podcast with Kevin Bupp and Charles DeHartMobile Home Park Investors with Jefferson LillyMobile Home Park Mastery with Frank RolfeMobile Home Parks in Real Life with Ryan NarusWebsites/Blogs: Park Street Partners - http://parkstreetpartners.com - This is the investment firm run by Jefferson Lilly and Brad Johnson.

What about public areas like street intersections?

Get a west Facing Home (if you get snow) that way your driveway snow and ice melts (other people on our street have it freeze!