For those that have already spent some time and $$$ there, what are your experiences and numbers looking like for things such as:Rental/property management feesclosing costs (as percent of transaction)vacancy rates (on and off season)price to rent ratioyoy appreciation$/sqft to build (I know, this is a "it depends" number)Utility issues (water, power, trash, septic, etc.)Anything else that you think would be helpful!

I’m pretty sure I won’t be able to utilize that to invest in real estate yet, but it doesn’t hurt to ask, right?

As of now utilities (electricity, water, gas and sewage) are a flat rate of $100 per unit which is tacked onto the rent.

I can't imagine it taking more than 15 minutes.Same with utilities.

As as new investor, a PM will take advantage of you and you will probably not see any profits utilizing one!

In my past professional life I worked as an attorney for a hotel development company that owned over 1B in assets yet as a company we  did not feel the need to utilize entity structures nearly as complexed or  convoluted as what you arranged. 

How are utilities delivered and who pays for what?

It is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

I can also tell you who to absolutely positively avoid out there as well because I have had to fire two PMs I used to utilize out there.

Is there any legal obligation to pay the unpaid utilities?