monitor the gas, water, electric and door locks, maybe even cameras too, (cameras is what i do for a living).My utilities are not separate, so I'd like to monitor them individually, so i might as well make the meters smart.  

-15 Mobile homes all on individual lots and fully rented- Sewer/Water by the city and metered to the tenant- Rent for $450 each- Average lots in the area rent for $175 and homes this size $475- All 15 homes are located on the same road next to one another- 2.3 miles to walmart and city population of 61kQuestion:  Since these aren't in a "park" would you still value them the same way?

I had a bad tenant a few months back and cut their water off when they didn't pay.

So here's the combined numbers for both props on a monthly basis.Purchase Price For both Properties: $120,000Gross Income (both properties): $5,965Gross Effective Income (10% Vacancy rate): $5,368.50 Net Operating Expenses: $2741.31- Cable - $50 (it's gerry rigged)- Water - $435- Electricity - $450 (3 months during the summer its $800 a month)- Dumpster Fee - $185- Fire Insurance - $41- Property Mngmt - 7% (I will use professional management)- Taxes: $363.34- Maintenance: $800Net Operating Income: $2,627.19Capital Improvements: $25,000 (roof, foundation, paint, flooring)The owner combines all expenses for both properties because they are side by side.

I will continue to wholesale but after talking to a few asset based lenders and crowdfunding sources I thought I would just test the water an see once I have that funding weather it be saved money or lender money if I could find any potential partners.

ARV should be around 45K and should be able to easily rent for $90047XX N 30th St, California, Milwaukee, WI (PM for complete address)Built ~1905~1500 sq ft3bed,2bathHome has NEW Roof, Kitchen cabinets, sink, Stove, Refrigerator, Heating system, Water heater and 1 bathroom has new sink with vanity, toilet and shower the other has new toilet and sink with vanity also new exterior door.

Working on a offer on a small park. 19 owner occupied pads, with 30 storage units. 40 year old park, city sewer and water, 1 paved road.

I'm with @Jesse Waters - talk to your credit unions and smaller banks before assuming you can't buy another cash flowing property. 

@Jesse Waters and @Steve Vaughan Thanks for the response.

PIG-gy backing on Ben Leybovich's unfortunate flooding experience, I wanted to know what methods Puget Sound area investors use to help them evaluate flood risk on a buy-and-hold opportunity.Secondary question would are water-related red-flags for a property, and what are things that give you pause but can be worked with?