Timeframe, legal considerations, and best practices going forward of course vary by jurisdiction.You can't count on believing that the family member doesn't already have utilities under their name or similar arrangement that will keep the power on for them.

I’m here to soak up all the knowledge I can, share my experiences, and connect with others who are just as passionate about real estate.I’m looking forward to jumping into discussions, learning from everyone here, picking up tips and best practices for multifamily investments, house flipping, house hacking, and BRRRR, as well as making connections and maybe even collaborating on future projects.Thanks for having me!

Can I cold call for you, I need to practice this skill anyways? 

I might look to practical things that can be done to mitigate those risks such as adding a sprinkler system to that basement unit or something like that.

On paper and in practice, the BRRRR strategy is great.

Standard practice to rip it all out and replace , overall

I always advise potential buyers to carefully evaluate the specific HOA's fees, services, and management practices while performing their due diligence. 

As far as my knowledge is concerned when it comes to the Real Estate industry, I can humbly say that I practically know nothing about it.

I HIGHLY recommend you connect with a local expert like @Josh Green, who practices what he preaches.

I am not sure if he would be willing to do this but figure it is a good opportunity for me to practice negotiating.