My question is, if this is not the best market to utilize that strategy, what strategies are you finding the most succuss with?   

Make sure you have your contracts reviewed by a real estate attorney to avoid any pitfalls.Step 3: Utilize Business CreditWhile building personal credit is a must, consider establishing business credit simultaneously.

When I started out it was swinging hammers, DIY projects, and managing local contractors for heavy lifting.

Property tax, occupancy tax, personal property tax, business tax, permit/inspection fees, higher than standard utility fees, ever-increasing fees by the platforms.  

Also, if you are buying a distressed property many times they cannot be inspected fully because utilities may not be turned on and you are fixing so many things already there isn't much risk in whatever they might find anyways. 5.

We work with investors everyday that utilize this strategy.

Most tax professionals do not advise their clients to utilize this approach and it may raise concerns under IRS examination.

The property could be more or less efficient with utilities.

It's 750 sqft and I'm trying to get a tenant to pay 2750 which will just barely cover all the monthly expenses and utilities.

Selling rights to a lease, figuring in utilities and vacancy.