Even so, you will likely be asked to verify you are living there via utility bill or multiple letters from 3rd parties.Cheers!

The above rate will either be NNN or you need to estimate insurance, property tax and utilities and deduct.  

@Marc Robinson some may be more adventurous than me but with septic and well I would walk awayI prefer TOH of course but with $300 lot rent and 19 occupied, utilities included in rent I would pay $400-450k for this

thanks for the guidance @Kaushik Sarkar Since it's development it will take longer to get to the exit. 3 years could be right depending on the market, if the project requires entitlements, how long it takes for permits, no major utility obstacles, etc.

Utility improvements.

Originally posted by @Jack Grove:@Okansa Patrick Were you required to utilize a hard money lender when dealing with New Western?

Salaries, compensation, rent, taxes, utilities, fees, MLS, etc.The flat fee model is a recipe for disaster."

When that portion was complete, I could then receive draw money which allowed me to pay my utilities, taxes, and mortgages.

If you made housing free the same bleeding hearts would be complaining about utilities.

After watching some of the podcasts and reading posts I am set on starting my real estate journey utilizing the house hacking strategy.