Lenders will want to verify you live somewhere else through various methods such as a utility bill, 12 months rent payments + lease, and/or a explanation regarding your current living situation 

Do they have utilities or can they get utilities? 

Nelson Nash developed the concept in the early 80s but the product the concept utilizes has been around for much, much longer.Since you brought up term insurance (which is temporary w/ no cash value accumulation or dividends), oftentimes a policy will be supplemented by term insurance in the form of a rider that allows one to increase their death benefit such that they can store more cash in their policy without triggering IRS MEC limits and therefore be subject to tax hits.The concept and its value proposition is incredibly misunderstood (and sadly often abused) but the reality is it works.

If doing multifamily, would be utilizing Property manager to ensure legal basis is covered.7.

This is based on a few dozen private lender programs that I utilize for my clients.o Rate buydown ratio: Current norm is a 4:1 ratio, or 1% fee for 0.25% off of rate.

If you can rent it out to guests, does the $247 include the motel receptionist servicing the guests that stay at your motel room along with utilities?

For example, 200 miles one way (guess) x $0.67 IRS mileage rate x 2 = $268 estimated vehicle cost per round trip, which is per guest stay.I'm using a calculator that factors in management costs (cleaning, hot tub maintenance, CapEX, OTA service fees, supplies, refunds, utilities, landscaping and internet) - it does NOT include marketing/tech tools like Lodgify, Guesty etc. so good flag. 

Anything I should be aware of when it comes to my utility company after having done so?

Utilize resources like BiggerPockets and local investor groups to gather valuable insights and connections.

CJ BennettYou should continue to increase your cash and utilize your real estate investing skills to analyze market circumstances, rental property prospects, house hacking, and other investment tactics.