Procure reasonable amounts of heat, hot water, running water, electric, gas or other essential service during the period of the landlord's noncompliance and deduct their actual and reasonable cost from the rent;  (this does not apply) or...3.

Looking to do individual leases per bedroom and include basic furniture and home itens.

In the last hour, we discussed Three giving One & Two 30 days to accept the offer & start making moves to procure financing to afford Three's share.

As far as risk, I actually believe that having access leverage can reduce risk as it enables someone who would originally be able to only pay cash for a single property to spread his risk over 2-3 properties.The issue of UBIT taxes is one that I feel is often misunderstood.

the online apps I filled out only added me to their email list and I have yet to talk to anyone about procuring financing. 

With that out of the way, I agree with you that a 1% procurement rate may be part of a viable (though time-consuming) strategy.

Have you procured a demolition permit?  

This will help procure the most qualified tenant.

It enables your company to legally pursue growth opportunities across state borders without having to incorporate a new business entity.

Also,  recently a member of the Upstate CREIA.My personal background consists of having previously managed self-owned town-homes in Massachusetts (born and raised), however, they were not procured in an investment mindset, but rather purchase, live in, move to next location and rent.