Is there existing utilities or all new?

I'm protecting myself and my partner (the back).But... if you are still in short term money or all in cash... this is the time to get out.  

Waiving part or all of April's rent for those who have lost their jobs or loss of hours.3. 

But if it is a shared cost say you purchase a bulk item like a case of caulking or a tool that will be used on both or all properties, how are you all adding that into your cost?

@Jacob SampsonYes you can use an LOC to fund a Roth IRA as long as you have earned income-either monthly or all at once.

Buy a house, rent the extra rooms, have your rent (mostly or all the way) paid for by roommates.

Also called an AITD or All Inclusive Trust Deed; the buyer is using the "wrap" loan to make payments to the seller, who in turn continues paying on his original loan while deeding the property to the buyer; the original lender must agree to waive the "due on sale" provision in the original loan; can be an alternative when seller financing won't work because of the seller's loan on the property; original lender may grant permission for a "wrap" to be created; the buyer may qualify to assume the original loan; getting permission to "wrap" from lenders is not easy; there is a temptation for buyers and sellers to create undisclosed wrap agreements; lenders may commission ongoing research of title records looking for undisclosed liens; if discovered, the original lender can foreclose on the seller and the buyer would lose everything, including their down payment.

@Mark Miles I appreciate your post and find it very interesting and inadequate in regards to investing in areas of Northern MI.

Your knowledge of local laws seems to be inadequate, given this question.

I’m looking for insight on whether it would be more beneficial to use a portion or all of it as a down payment towards a rental property or if I should use it to pay cash for a cheaper one.