Electric and natural gas service may not be discontinued while you are in possession of your unit.

"My overall goal is to buy enough doors to supplement working full time so one day I can focus full-time on becoming an entrepreneur" It seems that his goal is to become a full time entrepreneur and that 150k sure could buy alot of gas and business cards.

Thanks,  Appreciate all the feedback.Your first concern is valid.

If you want to make it easier, look for one where it's all direct replacement meaning the water and gas and appliances are staying in the same place - less permits and less cost.

There are valid reasons for having complex corporate structures, but unfortunately, some lawyers and professionals push unnecessarily complex setups on clients.

The other utilities will just come on when you change them to you, but you do want to be there right away to check for gas leaks.

Ok this is very validating to my thinking!

@Truong Vu You have some valid concerns, but most investments, whether for your personal use or long term holding property is usually about leveraging what you have.

Just like our BANKERS validate and question our deal analysis, you need to be the BANKER.Majority of the Syndication failures going on right now are due to either Short-term financing used on longer term projects- in a period of extreme interest rate hikes, material Inflation, or Covid related supply chain or personnel issues.You as the BANKER, know that all of the above should have been covered by the Syndicator and by you the BANKER. 

Don't forget about paying to start electrical, gas, water and internet services.