The income from the machines covers to the cost of the water, natural gas, electricity and machine maintenance for the shared laundry, on a very tight margin.We thought about separately metering the 8 apartments for water and installing W/D hookups or providing W/D in each to make the units more marketable, but it wasn't cost effective for us to do so. 

Will it be effective or a waste of time?

This is generally cheaper but any claims you have due to renters will effect your homeowners premiums for years to come.

Just to run an idea by you all; I found a 5 acre plot of land that have 5 individual 1 acre lots that can be piped up for city water and sewer, my plan was to buy the land, clear cut it, and the move mobile homes on the property as I am financially able.

All to no effect.

So when I am purchasing they do not effect me one way or another.

Not always effective 

In effect, that's a price reduction, because they're going to make up for it on profits from doing your mortgage too.

There are many real estate investors and everyone does something different - hence why you are getting conflicting information.Gather up all your legal concerns and bring them to an attorney / insurance agent.Ask them at what cost it would take for you to sleep well at night - go with the approach that is simpler and more cost effective.

She's very affable yet effective, the former quality tough to find in an attorney.