Landscape updates to create an outdoor dining, grilling, and firepit area.

Landscape updates to create an outdoor dining, grilling, and firepit area.

Landscape updates to create an outdoor dining, grilling, and firepit area.

Landscape updates to create an outdoor dining, grilling, and fire pit area.

Basically, the analysis process is the same, however, you might need to pay for water, sewer, trash, and landscaping depending on your area. 

I know that per the lease landscaping maintenance will be maintained by the landlord, outside of the first year I dont know if its still the same company being used and/or the same rate.

They say the best market to invest in is the one you know, and if the market you know can accomplish a diverse range of strategies then you might have a good thing going for you!

To answer more specifically your question about costs, there are a lot of expenses that you'd want to watch out for including cost of goods sold (if they have a store or propane), utilities (a HUGE percentage of expenses for a park), payroll, maintenance, landscaping, CC fees, well and septic testing and maintenance, insurance, taxes, licensing and fees, etc.Good luck and let me know if you have any pinpointed questions - happy to help.  

Hello, I have a townhouse as a rental property and I pay the HOA which includes water, snow, and landscaping, and tenants pay their monthly rental plus electricity and gas.My HOA has a program called TAP(Tenant Administration Program), and they collect $100/year.

@Ben M.Have the landscaper send you pictures every time they mow.