You contract with the seller should spell out exactly what the risk are for him; further, you should not do this deal unless (1) the seller utilizes the services of an attorney to advise him (2) you have the cash or credit capacity to payoff or refinance the loan if it is accelerated due to the due on sale clause and (3) proper safeguards by way of third party servicer, escrow, legal documentation, are adhered to.It seems you may have a big winner; however, it’s just these that lead to lawsuits if not handled properly.   

Some bills for utilities were verified but others have no accompanying receipts / invoices and even double charged. 

He can utilize it for the cash flow until his lease expires.b) Assign entire deal to another investor for a negotiated amount.

By utilizing OPM, you can widen your portfolio, spreading risk across multiple properties rather than being tied to just one.

In addition are utilities usually paid by tenants?

Here’s an example of bonus depreciation.One way that you can still benefit from a cost segregation study is by utilizing the Short-Term-Rental (STR) strategy on your property.

THE SLAB OF CONRETE WITH UTILITIES THE AVERAGE IS $10,000.

The decision to acquire additional properties depends on your financial goals and management capacity.Continuation of Strategy: Continuing to acquire properties and utilize cost segregation makes sense if you want to offset W2 income.

This way you're building equity as fast as you can in order to utilize on your next investment.

Have to have all the utilities current.