Hey Jared, I am going to shoot you a message real quick

Get a good real estate attorney and have them help you navigate this.

The returns that investors require is generally based on their perceived risk of the project and the investment period.With my CFO clients who do real estate development, most LPs in the small-scale residential space (SFR & 2-4 MF) are investing for 3-5 years and are looking for a preferred return of 8% with an IRR of 16%-18% for turn-key and 18%-24% for value add.

The only real difference is you'll need to purchase flood insurance on the property during the project and all good lenders will make you do this to insure your risk is mitigated.  

Hi I am based in Canada and looking to connect with others who are investing in real estate in the USA or Canada.

I have a good team helping me, I have a good system, I’m confident in my ability to talk to sellers because I’m a real estate agent and just am nervous that I should be trying to reach more people.

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

Are you a buyer in the Arizona Market? Let's connect so I can get you on my exclusive investors list. We are selling properties first come first serve. 

.• Networking & Local Groups:Engaging with local wholesalers and real estate investment associations can also lead to referrals for quality data sources.

If you want to offer a "rebate" of some kind after they stay up to date for certain amount of time, I'm more inclined to go that way, but in general theres no real good reason to put yourself as the owner in the middle of the utilities unless they aren't metered in a way to bill directly.