The good news is that we have covered most of the major capex replacement in the last five years (HVAC, plumbing, electrical, etc.) 

I am at 100%.Every time we address a small issue in one of the units we recognize that anyone else may have charged us significantly more or misdiagnosed it so they could employ their friend's plumbing company.The bottom line is that we know what it takes for our buildings to run how we want them and we realize it ain't all that hard.

I’ve been cited by my city for a plumbing job my plumber was suppose to pull a permit on.

DO NOT fix the appliances, jacuzzi, or anything else mechanical, electrical, plumbing, etc.

Probably still has galvanized pipe for plumbing.

Then, you'll have to start putting all your figures together (i.e. acquisition costs for mobile homes, development costs, moving costs, hook ups such as electrical, plumbing, etc). 

I will talk numbers in general but not mine especially with my plumbing business.

Hi Dion,The age of a property can be an issue for a variety of reasons, the possibility of lead paint is one of the more common ones you'll hear about.Old piping, old electrical, plumbing, roofing, structural damage, etc. and more can present an issue when looking at a property that you'll need to consider when buying a property.

We cleaned the house, painted the exterior, fixed the evap cooler, and fixed the plumbing issues in the bathroom. 

Seems like a better option: no plumbing, not much repair costs, no evictions, easier screening process, no electrical generally, etc.Opinions on starting with one as first property?