We currently have 23 single-family homes in the KC metro (120 bedrooms) utilizing this model and while its never boring - I really enjoy it and it's definitely a favorite way to invest in real estate to date.Have a few tips and tricks we've learned - send me a message if you have any questions.

-As far as trying to sell land with no access, sometimes I've sold those to neighbors who want to increase their acreage, or utility companies, cities or other public entities who could use the piece for whatever reason.

You have to cover increased utility costs.

Plus for its high cash flow potential, utilizing a 1031 exchange to reinvest gains effectively made this experiment a relatively low risk for me.

ABC kept the first two and half months of rent from the rental guarantee for tenant placement fees and utilities (water, electric).

Depending on how long you have been in the first property (based on your interest rate, I am assuming 3-4 years), have you explored the option to utilize your FHA again?

So it's pretty hard to break 5% utilization. 

How messed up the other utilities are, how much has to get torn up and infrastructure done before any rebuilding can take place. 

Need to watch out for utilities like water meter, electrical, gas, and sewer.

Cost segregation can be utilized for many different scenarios such as new construction, properties already owned and newly purchased properties.