(Current cost to bring in water line is around $140k or a well starts around 40k with no guarantee of hitting water) What made you interested in investing in this type of deal?

And when I specifically asked if this tax valuation would guarantee me a lot split, they said it would not, and that is a city decision. 

Considering paying but there doesn't seem to be any guarantee or data to help me make the decision.

Landlords tell themselves it's "guaranteed rent" but that's not true and a lot of the tenants come with "guaranteed entitlement" or "guaranteed turnover costs" that will cost you more than any increased earnings.Some people do very well with Section 8.

It’s guaranteed that you will need to replace roofs, HVACs, appliances and many other components.

They will also have some sort of limitation in the contract as to how much they guarantee to redeem fund wide and perhaps at the investor level as well. 

Again, this is not guaranteed and not scalable.

im new to this just bought first duplex and am house hacking. been keeping up w bigger pockets and before that dustin heiner' podcast. being green, even i know that you never buy/acquire negative cashflow. thats just dumping money down the toilet. second, every real estate guru will tell you never bank on appreciation. thats gambling. home prices are at an all time high, if nything you bank on your property depreciating some and then returning to purchase price HOPEFULLY. you imagine your worst scenarios, lowest rents, longest imaginable time of vacancy, most drastic uncovered repair/situation, over estimate expenses. create your buffers. if the numbers still work then, then you buy. if the numbers work and you casah flow $250+/month i say go for it. it hard to get above that without significant down payments or finding a rare steal. at this time i think best value and only way to guarantee any kind of appreciation is to buy low and rehab. 

To that end, in most cases even if the properties are owned within an entity, the principles (investors) will need to personally guarantee the debt.

Corp or personal guarantees?