Hey Qusai, I see you’re dipping your toes into the world of assignment contract wholesaling, and I’ve got to admit, watching someone from a background in finance tackle this is like seeing a chef turn leftover veggies into a Michelin-worthy salad.

@Shelby Ek Do you need to activate the utilities in order to qualify for the loan you are getting?

I utilized those funds to purchase 18 rental units.

Security Deposit: 2600Lease states no smoking/painting walls/no hanging things on wallsTenants have moved out and have left two truck loads of garbage to be removed.Damaged doorPainted walls which got on the ceiling and trim Lots of holes on the walls throughout the houseDamage from windows being left open constantly Weed was clearly smoked in the house (smell throughout the place) so we need to deep cleanWater bill wasn't paid so I had to turn back on utilityMissing keyQuoted costs:$450 junk removal (some furniture)$935 for damaged doors/windows, painting cleaning$30 for utility turn onTenants were only there for a year before moving out so a lot of this is beyond normal wear and tear. 

• Should utilities, internet, or services like snow removal/lawn care be included, or not?

The LLC helps when you are trying to do things like turn on utilities. 

Fully furnished, with all utilities included.

Are there any strategies here to utilize bank funds for our project?

There are two main ways to utilize this exemption.

BUT, get a solid quote on utilities.