I'm trying to figure out a way to utilize a large storage building at one of my MTR listings in Memphis.

Would it be wise to buy the land with cash we have or utilize as down payment to avoid PMI?

all materials, all labor costs to others, Not you, utilities, interest payments, permits, licenses, auto/truck expenses, tools needed are all deductable. 

What about the utilities, property taxes, maintenance and repairs, capex, etc. are any of those optional for you?

Thank you again for your response and insight.I have most luck utilizing the local MLS for minimum 6 month leases under furnished rentals  

I don’t have a problem paying a couple grand to remove some of the just figure it out stage of learning and utilizing expertise of people that already do it. 

I am interested in utilizing space again for group meetings, workshops, and for clients who may still desire private space.

you can utilize a skip tracing company to get contact information for the owners.

If you made housing free the same bleeding hearts would be complaining about utilities.

@Marc Robinson some may be more adventurous than me but with septic and well I would walk awayI prefer TOH of course but with $300 lot rent and 19 occupied, utilities included in rent I would pay $400-450k for this