But usually for a tenant occupied it's like $90-120 per monthI've noticed a lot of multi-family buildings are pre-WWII housing inventory - are there restrictions or issues common with that (historic districts, crazy high utility costs, etc)?

In 2025 what strategies are you utilizing to source off market deals?

@Vivian Yip  We just use a very generous utility cap. 

Seeing as they have full utilities and stick built, they should be categorized as real property and have good value for their size.

@Rick Albert   I may get a lot of push back from the team but I split my utilities on my ADU the conventional way....each dwelling has its own meter for water, electric and gas. 

The mortgage company gets paid off first, then in a traditional sale, the rest minus agent fees and utilities and closing costs goes to the seller.

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

You have to cover increased utility costs.

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

-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.