Is the space separately metered?

As far as exit strategy a few years down the road after fixing by up and leasing out, I'm not sure how marketable a successful 16 unit Mobile Home Park, plus triplex, would be though once I fixed it up and got it all rented out.With utility repairs, concrete pad upgrades, electrical repairs (most all above ground electrical poles/meters are near trashed.), repairs on triplex, along with the numerous miscellaneous repairs that always come up there would easily be another $75K to get things, including triplex fixed up and ready to move in 16 mobile homes.

Electrical panels, meters, generator switches etc.

These units are all metered separately.

How much does it cost to separately meter the water on a 4-plex?

This will help you keep your water in check.Or, do sub-metering where the tenants pay for the water usage.

HUD accepted contract.Inspection turned up copper conduit from meter base to house gone and A/C system striped.

Fourth unit is vacant and stripped, awaiting remodeling that current owner never got around to doing.)Estimated repairs on vacant unit, per contractor friend that saw it: $15,000Estimated rent for updated fourth 1BR/1Ba unit: $700Utilities (water, trash; electric is metered separately and tenants pay): ~$200Ran it through the BP calculators a couple times and found that at asking price, 20% down, and only the three units rented, it about breaks even (including 10% vacancy, 6% repairs, 8% capex, and 10% PM). 

My biggest concern so far would be it is currently all on one electric meter with a fuse panel.

Are any utilities separate or sub-metered?