The city told us that all the owners of the 6 properties had to submit and sign a new subdivision application so that the city could issue permits and turn utilities on for the investors that were requesting it.

Utilities start-up feesSevier County Electric will charge you a deposit.

A closing attorney almost just fell victim to Justin and was able to reach the bank in time recalling the wire before losing his money, which then led the bank to contacting me and now maybe the arrest.More charges are being filed against him since his bank has stepped in, law enforcement and maybe now the FBI are on it. 

Lets say I close on a house in April 30 and am charged the local taxes on the closing statement from Jan to April.

My understanding is that you have to submit an application with the county in the same year as the transfer/purchase.

Do you still use an application?

Some people charge up to 4%. 3% is very common.

If not, CAP rate is a metric, but not applicable as 4 and under are residential and valued by comparable sales.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

And if my credit hadn't been good enough, they could have charged me twice that much.I had to have enough money to travel back and forth to interviews with the property manager, and the housing authority interviews, too.So, my point is that - you can be really picky, even if you agree to accept Section 8 tenants.But, if your property is the type of property where nobody in their right minds would rent it - unless they had absolutely no other options - then don't buy that property in the first place.If it's too late for the above, then try to be super picky.