We fixed the actual systems that needed taken care of, including plumbing, HVAC, and electrical.

. $650 rent for POH. 6000sqft concrete floored storage building-electric and plumbing. 2 wells and 26 septics-that's my biggest worry. 

The home is habitable and has plumbing/electric, etc, just needs major improvements in every aspect.Account Closed Awesome feedback!

They might also cut you a little bit of a deal for doing both of them at once, but I'm not as sure on this one, because I've never done it.Also check with the local electric and gas company - sometimes they offer rebates for replacing old systems, or moving up to a higher-efficiency system. 

Given that w/s/electric hookups are in place for each do you think you would spend the time/money to fix up the single wides, pay to have them hauled off and install new?

The bulk of that 10k will be to turn the deteched garage into a coin-laundromat and getting an electric meter installed for unit B and everything else that goes with that. 10k has not been quoted to me yet but I gave it a high estimate as well.

@Shawn RasmussenI would only own the land with sewer, electric, & plumbing hookups.

Tenant pays electricity, I'm estimating $75 for water (I think that's really high) and $50 for insurance. 

Monthly Operating Expenses 2,208.33Net Operating Income (NOI)Total Gross Annual Operating Income 65,280.00 Total Gross Annual Operating Expense 26,500.00 Annual Net Operating Income 38,780.00 CAP RATE and VALUATIONDesired Capitalization Rate6.27%Property Valuation (Offer Price) 618,500.80 Actual Purchase Price 749,900.00 Actual Capitalization Rate5.17%SHORT TERM RENTALMONTHLY OPERATING INCOMESTRNumber of Units 8 Average Monthly Rent per Unit - STR 2,000.00 very modest estimate Gross Monthly Operating Income 16,000.00 MONTHLY OPERATING EXPENSEProperty Management Fees 600.00 Repairs and Maintenance 1,000.00 Real Estate Taxes 2018 records 1,095.00 Rental Property Insurance 480.00 Homeowners/Property Association Fees Replacement Reserve 51.00 Utilities - Electrical, gas, trash, water sewage, internet, cable 4,080.00 Pest Control?

Nothing else electrical has changed in the cabin so I think it’s something in the hot tub that is malfunctioning and causing the breaker to trip.Thanks for the recommendations!