This also assumes the Park is on city water and sewer and not well and septic...As far as the stick home goes you should seek to purchase the property without it, but if you have to acquire it then yes using comps is the correct approach.  

also the old furnace is so old it dont have some thing to mix the hot water like when you turn on the hot water it gets scalding hot this house don't even have circut breakers it runs off fuses

At the moment we are dipping into the water and teetering around the idea of bringing on a partner for the first MF unit.

I would hate to have that gene pool added to our society.

Hobbies: Boundary waters, World Traveling, Biking the Cities, Hikes with my Dog Argo, Road trips, Ice Cream (yes its a hobby) and Working on growing my portfolio.Drew Hoefler

I wouldn't recommend a rod and curtain since there isn't much of a lip to keep the water in.

Here in South Carolina, before having a "meaningful conversation" about real estate with a prospective client, agents are required to first.....Hand out a copy of the SC Agency Disclosure Brochure Discuss the various "forms of agency" offered to customers and clients.Failure to do so can potentially land the agent and agency in hot water due to an Ethics violation. 

Hello AllI have been looking into investing in the Philly market and a deal came across me from a agent, here it is:N. 12 th street, philly --neighborhood C/D classpurchase cost:  $85k  Taxes: $1190.00/year  Water: $60/month2 tenants in place been there for 3 years : Total rents : $1475.00/monthYour feedback would be great!  

I don't think that painting over water damage and is doing what you need to do to make a profit, I think it's unethical.  

The prevailing formula is 72/84For a park where the tenants pay water/sewer: Lot Rent x Occupied lots x 84 = Price at a 10CAPFor a park where the park pay water/sewer: Lot Rent x Occupied lots x 72 = Price at a 10CAPKeep in mind this formula only shows you what the potential of the park is under normalized operating conditions.