Another consideration, @Jay Hinrichs, is whether the electrical infrastructure at the property can handle it. 

He knows how to do almost everything, but due to his pace I use him for mainly handyman work(toilets, fixtures, tuckpoint, wood work, switches/covers, etc) He has done minor HVAC and electrical for me as well, but..

I suggested to them we could split the costs 50/50 of installing the electric, the garbage disposal, and the labor for installing it as I would be more comfortable having my guy do it.

Also, I don't like the use of more exotic structures/financial engineering which increase risk ( and aren't necessary when good real estate is purchased at a good price with solid fundamentals). 

Effective December 1, 2024, ownership of the property has been transferred from Michael Anderson to Electric Sage Brush, a limited liability company.All terms and conditions of this lease agreement remain in full effect, and all payments, notices, and correspondence should henceforth be directed to Electric Sage Brush LLC at the following address:2001 Space Odyssey Dr, Cody, WY 82414This change in ownership does not affect the tenant’s rights or obligations under the lease agreement.All parties sign to confirm the change.

There are many times the architect/engineer gets busy doing other jobs and forgets your plans at the city or delays picking them up/making corrections 4.

Given this is where my major operating expenses fell (beyond taxes and insurance), keeping this cost lower, by average, helps my cash flow.I invest in older neighborhoods, so the 2-4 unit properties, typically have single water meter, maybe single electric, and many have radiator heat with a single boiler.  

And people who claim $0 investment must not have an electric bill like mine was.

If you open up the wall to do something, you will need a permit for plumbing and electrical a lot of the time because they will want to see behind the wall before you close it.

We removed a chimney to open up the space and updated all the major ticket items—new electrical, HVAC, and roof.