Increased water usage is the least of your concerns.

I'm not concerned about asbestos or lead paint.

@Carl Fischer that is my main argument, because we are just starting out we don't have anything to lose, but she is concerned that since we are going to be living there if something goes wrong we could get sued if we can't fix it in time.

As others said main concerns are knob and tube, windows and plumbing.

(He lives in same building as landlord)My concern is I'm reading a lot of scams on how Chicago tenants try to work the system and the landlord is stuck in a battle for months.

Hi All, I reached a verbal agreement and my offer was accepted by the seller on a 15 lot park. I will be putting it under contract within the next two weeks. I'm looking to get some feedback and insight on the deal as...

@John Merritt You're pretty much keying in on some of my primary concerns.

Financing for Mobile/Manufactured homes is a little different than standard homes. 

Being a syndicator means being in the service industry and while everyone loves the investor who hands you $250k and doesn't ask you any questions, more than likely you will have a greater number of investors putting in smaller amounts and they will have more questions/concerns when you're starting out.  

I am concerned with the closing cost since I offered to cover almost all of it.