Often the member is committed to completing and utilizing whatever material at the beginning of the program, but after a few weeks or months and life starts happening again, they get pulled back by the gravity of the familiar and stop or don’t apply what was learned.

Before a walkthrough and before signing a contract is it appropriate to ask the seller of a small multi family for:1.Rent Roll2.Property Tax Bills3.Utility Bills (last 12 months) (landlord pays all utilities)4.Income & Expense Statements (summary)5.Lease Agreements (Sample or Overview)6.Recent Maintenance Records (summary)7.Capital Improvements Summary

Utilize Off-Market DealsOff-market deals are valuable because there’s less competition and potentially better terms: Direct Mail Campaigns: Send targeted mail to owners of distressed, vacant, or inherited properties.

The house is my mailing address, all the utilities are in my name.

You have to work w/the utility companies so why would that be illegal ?  

Choose to conduct due diligence in-house, hire a third-party company, or utilize the property management company.

They charge you utilities for anything over $250/tenet.

As with any type of investment, investors should list the estimated costs to calculate their potential profit.Costs to consider on fix-and-flipsRepairs (always be conservative)Carrying costs (interest, points)Monthly costs (utilities, HOAs, insurance, taxes)Buying costs (back taxes, cash for keys, liens, code violations)Selling costs (commissions, closing costs, transfer fees, title insurance)Unexpected costs (add $5,000 to be safe)These are the basic costs investors should consider.

We would be installing a street and double stacking townhome style units on each side.I part I don’t have experience with necessarily is how to better understand infrastructure and site work cost (road, utilities, excavating, etc.

@William Coet, as Jackson noted, there are too many variables to even begin.Two things to remember, any tax losses you utilize to offset incomes, will reduce basis making bigger tax bill in sale year.