It's cool to know how to use tools to a do analysis but it has to be utilized properly.I have seen several flippers who have read Rich Dad Poor Dad; had every Performa, chart, analysis package, market analysis reports, cost benefit analysis, work break down structures, IMS and much more and botched every project. 

Are there investors here in Texas that have utilized and would recommend banks they hold series LLC accounts with? 

Probably will never be utilities there like electric or water. 

Estimated about $25,000 including utility hookups.  

Very common for most of today's gurus to utilize these types of subterranean creatures. 

How are the utilities billed?

Tokenization of real estate assets can take numerous forms, but what you’re proposing is to separate the real estate “bundle of rights”, have the property owner sell one or more “rights” but not all of those rights, and represent the ownership of the rights that have been sold by tokenization utilizing block chain technology rather than the county “filing” systems currently in use.  

Better hope paint,carpet,advertising, commissions, and utilities don’t cost $600 or you blew your cash flow, it’s zero.

-Utilizing creative financing to minimize initial costs.

Be sure to take high-quality photos, and if possible, request utility records that confirm separate billing for four units.