I recently sold a property, but I still receive notices for paying property taxes and utilities.

If this can make people more intentional with their questions, they will get much farther, much quicker.Correct, in the beginning its hard for some and also they do need to utilize the search button!!

I utilized 7% for CAPEX and 7 % for maintenance given recent updates .Tenant pay for electricity and gas.

We have 70k which was enough for intial loan it was 5% down but lm not so sure with the land only because deposit is that.Intial loan we made no paymts until it was done, this one we have pymts right away and will need to now save for septic, water hookup.We thought we could make apt after utilities are in, in the garage for now and at a later time get a manufactured home.We both arent sure what to do. 

Hi all,We moved into a house that had a large utility shed.

This is why you see so many continue to utilize band-aid fixes rather than invest in Cap Ex repairs. 

I think it has more to do with utilizing all available markets nearby with such a limited amount of work in that industry.

Casting a large net by utilizing wholesalers, MLS, direct relationships with agents to get deals BEFORE they hit the MLS, driving for dollars/door knocking, direct mail, etc. are all great avenues if done correctly.Knowing how to calculate the ARV and rehab costs is also essential to identifying a good deal and that goes with any area.

One piece of advice I would have would be to consider utilizing HELOCs against the property's value.

A secondary issue is related to the unknown heirs - no guardian ad litem was appointed (though I'm not sure how commonly that's required in Maryland as opposed to Florida for example), and no professional  heir search service was utilized.