Won't be able to replace the roof 25 year life span, appliances and hot water heater 12 year life span, hvac 20 year life span, bath and kitchen 20 year life span with your budget.

This potentially muddies the water depending on the nature of the LLC. 

However, as many of you know, the majority of all rent we receive is already spent on operating expenses such as taxes, insurance, water & sewer, accounting, compliance & record-keeping, etc, and this does not include any mortgage payments that must be made on the properties in addition to all of these operating expenses.

I had to replace three water heaters in 4 months.

., we are all in unchartered water now, and for the foreseeable future we all will be affected by the lockdown.  

For the kitchen and hallway I would definitely use LVP, really strong and good in high traffic areas, most are water proof and scratch resistant, so they are very durable.

The water wasnt going down and she was getting dirty water backed up.

The numbers:Two sites - an 80 site lot and a 29 site lot, both in the same town.Lot rates - $265/monthFirst lot is City water and sewer, billed back to tenants.Second lot is City water and sewer, individually metered.Electric and trash are also billed back to tenants.Occupancy - 45%Built in 1983City Population - Approx. 35,000Park is all tenant owned homes, with the exception of 5 units.  

I would rent for similar, but would cover gas and water.

This is the scenario I came up with:Renting the 2 other rooms up top at $500 at a room, upping the bottom separate rent to $1500, and renting out both the garage/shed units, I was estimating around $2675 total income.I would ask the bottom tenants to pay their own Water/sewer/garbage and electric, while offering it included to the tenants renting out the bedrooms up top.I estimated for a total of $15k in rehab costs since the property looks like it could use some TLC, assuming all the foundation/electric/plumbing are good.I also planned on keeping the train going and using another loan to secure another property 1 year after an FHA loan on this one, thus opening up the top unit for full rent or another room to be added.This is a screenshot of the calculation I made in excel.Let me know what you guys think.