Jacob I should have labeled "RGE" better as that is our Gas and electric estimated at $120/month.

Also, our gas and electric bills did not acknowledge our address; rather, the bills both showed our address as two numbers off. 

I don't think it is a good idea any more than you should also get your insurance broker's license, your title insurance license, your contractors license, roofer's license, and while you're at it HVAC certification, Electrical and Plumbing Master licenses.Some people do both, but I think for the majority of people there is enough to keep up with on either business that if you try to do both you do neither the justice it deserves.   

Disclaimer - I am not an CPA or attorney but I became financially free doing this for myself after 10 years working as a w2 engineer :( and I am sick and tired of seeing highly educated and hard working professionals getting stuck in the rat race because we deserve financial freedom and the option to do more with it.If you are able to implement a real estate professional status tax strategy (REP) you can use passive losses from syndication deals to lower your ordinary W2 income.

Have a wholesale and flipping process more firmly established (albeit still low-key) in order to keep a cash-generating engine in place.

When a tenant turns over you still have your normal expenses - mortgage, taxes, insurance, but you now take on the burden of water and electric.

@Grant GibsonGo through BP by doing the reverse engineering.

I recall a case where a court held that the act of having engineering plans drawn up was the first act of visible construction.A quick review of DC's lien provisions appears to show that a sub's lien rights relate back to the date of first work and the sub has up to 90 days after completion of the project to file so someone who close on a purchase of the improvement 60 days after completion may wake up to find a lien has been recorded the next day so it's not gap matter, it's a post-closing matter.

Hi I'm currently a student in college studying Mechanical Engineering and a friend and I are looking to invest in Real Estate once we graduate in May.

If that is the case, we ask the tenant to switch internet, electricity, and gas into their name.