Add utilities, lawn and pool care $800-1000.

Quote from @Pat Arneson:Usually, the city website has all the utility companies for the city that you should be contacting.

For example Avondale typically has 2-4 units for sale with 2/1s at $1200-1600.

Further, how can you enforce collections if you're not a utility?

Thanks,A lot of lenders (mortgage brokers) utilize figure https://www.figure.com/home-equity-line/ if it helps you at all. 

We have already finished speculative designs for a typical quarter hectare (2500m2) 12-17 unit boutique holiday and residential apartment complex on the south side of Tulum on the Kukulkan Road connecting the town to the beaches.

I would imagine you're capped at 70% LTV to make the DSCR work at whatever threshold that lender allows (typically 1.00x) or maybe it's a credit/FICO issue. 3% in origination also doesn't seem too far off depending on the loan amount.

I appreciate the input Danielle ...I see some of these virtual mailbox companies have an app and you can see what mail has been received on the app, while others allow mail forwarding ... are you utilizing any of this or just using the physical address for your LLC paperwork to be delivered?   

I’m trying to utilize 1% rule and it’s tough with current market 

I didn't, and the people at Eagle Rock, who approved permits and necessary utility connections, were not very cooperative, which made the process more stressful than it had to be.I've seen lots listed on Zillow and the Aggressive Real Estate web site.