They thought their business was a technology business with a financial component, not understanding that it was a financial enterprise utilizing a technology platform. 

So just utilizing the code will allow them to enter the property.

Please share your advise/opinion on a possibility to utilizing the space.I’m also thinking about upgrading the basement but not sure where to start.

Mainly because I "assumed" how long could utilities such as water ,trash and electric really get backed up without getting shut off.

Beyond removing the developable parcel from existing loan expect whomever finances the construction to want zoning, building permitting and utility connection approvals before the loan is originated (some will accept just zoning).

For investors utilizing the STR strategy, what is your "gut feeling" for what the upcoming investment landscape will look like in 2025?

I'm wondering if any veteran on BiggerPockets has ever utilized their VA loan to secure any multifamily property ( specifically here in Los Angeles County), i'm familiar with the process but just wondering if anyone has ever done it.

For example, I could get $1,500 as an LTR without paying utilities.

Wow possibly dream come true.im cash poor also but I own over  100 vacant lots ,free and clear , utilities are already in place  I'm not in Utah  I am steubenville Ohio   

You can try to check if utility companies have such information to help you understand the the site.