Such are common in my area and the home needs to be peeled off.

It is a mobile home park, with 48 lots (leased for $150.00), no park owned homes, and pays for their own utilities, 44 lots occupied.All Annually These expenses are from the park, Real estate taxes: $2593.50Outdoor lighting: $672Liability Insurance: $500Lawn: $720NOI:The gross NOI is $79,200I Would Add Or Change To The Following Expenses, Such As:Management: $ 3,168Other: $ 300Lawn: $ 1500Insurance: $ 1000Travel: $ 800Loan from bank:Interest from bank: 6.5%15 years amortizationLoan for down payment:Interest for investors: 8%Questions:It seems every park I run into there is no money left after I pay back the bank and investors.

Set backs, amount of lot utilized, bulk planes, and the list goes on.

Also, @Scott Voytko, the river thing is a common misconception.

Hi Andre -Of the local wholesalers I've connected with, I've seen it all, but this tends to be what's most common in my experience from them:-Use a flat $25,000 for all properties-Take a completely uneducated and wild guess-Partner with a GC or good handyman to estimateI prefer when they use option 3 personally :)

So you're in the right place if you utilize it correctly!

Carpet is another thing to take a look at, common area carpets need to be redone frequently.

I own this thing free and clear, and my property taxes & utilities are always paid current.What if I decided to:a) Stop paying my HOA fees and never pay them againb) Fall out of compliance with the HOA restrictions in some other way (stop mowing the lawn, let my house fall apart, some other obnoxious violation).What kind of consequences would I have to deal with from the HOA?

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Just give me the rent per unit and unit mix that make up total units and what utilities the landlord pays.