Gas, water, elec are unnecessary.

That’s a great approach—sometimes slow and steady is the best way to go, especially when it comes to managing costs and avoiding unnecessary debt.

Ultimately, it sounds like they did you a favor but that you need to curb the behavior to prevent unnecessary work and being over charged in the future.We have run into issues like this many times in the past.

We don’t feel these are necessary, especially considering that the property already passed inspection when we bought it.We're concerned that we might be getting taken advantage of, and that these costs are inflated or unnecessary.

I post frequently about the unnecessary complexities of most real estate investors asset protection structures and the point I normally emphasize is the lack of attention placed on the day to day operations that are far more critical to reducing liability exposure.

The "other structures" were only 10K, while everybody else goes by 10% of the coverage (on 340K coverage of the main structure, you get 34K other structures).The ugly part - much higher deductibles: $5000 general deductible and 3% wind/hail deductible (on a 340K coverage it comes to a whopping $10K+ deductible...makes you understand their "largesse" on unnecessary higher coverage...if they know the rebuilding cost is 250K, they can give you 300K+ because they will not have to pay more than rebuilding cost, but it pushes the deductibles higher).We concluded:1.

Newcomers are treated like rookies, and they'll face unnecessary delays just because no one knows them.

If we need clear definition I do think it will involve legal process which will be expensive and even more unnecessary.

If you want to have one, fine, but they are unnecessary for a small business model like yours, just another expense as far as I'm concerned.

In fact  there's a company that markets quite heavily on this BP that sells uneducated investors formation packages that are completely impractical and unnecessary but there are plenty of accountants out there who do the same.