This should have already been a common practice, but because of the commission structure before the NAR settlement, lots of agents did not execute contracts with buyers in order to gain them as clients. 

You can look at the bill and talk to the utility provider to see if the bill is reasonable for your units.

Real estate wire fraud is becoming more common every year.

I pay all the utilities and just hope these people don’t kill each other.

Not to mention I'd have to pay for utilities, etc.

Change the address for everything associated with the LLC -utility bills, property taxes, whatever, to your address.2. 

What are the common pitfalls we should be aware of?

The most common reason for a void tax sale is the name called off at the auction was not the current owner of the property.

Developers Mondev and UTILE are behind the project, which includes a commitment to making 20% of the units affordable.

You're asking a tenant to commit $76k plus utilities for 12 months of housing.