If the property was renovated top-to-bottom four years ago, you would be safe with a small reserve whereas an old home may need a new roof and boiler and water heater and windows in the next 5 years.Personally, I have 22 units and keep around $15,000 in cash.

The online training doesn’t actually teach you how to be successful in real estate-it teaches you how to avoid getting in hot water with the regulators.

Pass on Water and Sewer onto the tenants to minimize your costs. 

I learned soo many things on how the whole process goes from permits contractors watching budget scheduling and even water main taps and sewer issues.

Is it really water resistant for a bathroom or a kitchen?

If this is your first park  I would also try very hard to have city water and sewer.

Some have HOA common water service, built into HOA dues. 

Heat and hot water included.tenant only pays electric.

It seems like the modern toilet is wasteful of water and expensive to hook up to sewer.

If I list mine with a price reduction, I'll probably get a tenant fast.For what it's worth I put the listing on Cozy/Realtor earlier today for the first time to try and bites off of that.