This would have to be an off grid property as there are no utilities in this area.

On Friday afternoon and over the weekend I did all my due diligence (visible condition, title letter, city violations, outstanding utilities) and everything is pretty clean.

Also is there a way to find out when the house last had utilities on? 

. - Maintenance & Repair: 5% of total rent- Cap ex / utilities: 5% of total rent- Property management: 8~10% of total rent- Misc & reserve: 5% of total rentFull rent: 4800(rent) - 2600(PI) - 800(TI) - 1150(Expense) = $250/mOwner occupied: 3600(rent) - 2600(PI) - 800(TI) - 1150(Expense) = -$950/mOwner occupied & no PM: 3600(rent) - 2600(PI) - 800(TI) - 700(Expense) = -$400/m I thought it would be $0/m if owner occupied although $400/m for myfamily is low enough.

I never commingled any funds because whichever prop it was, I utilized the checking account for each property.  

Keep in mind utilities as well. 

However, this structure is typically utilized by investors who are looking to purchase multiple assets over the years, if you're just starting out a single LLC could also work (you can always scale your legal structures later). 

You could utilize a HELOC and do flips or BRRRR's, etc. 

I hate to miss out on the accelerated depreciation with the CSA.Yes, you can utilize a cost seg study on your acquisition via 1031.

If we put the home on the market we would lose at least a month rent and utility cost.Some background on the property is that we put 120k towards a down payment at 6.125%.