Here are the playersMe - OwnerOG Developer - Original Developer that improved property before I purchasedNew Developer - New Developer currently building a new subdivisionWater District - Own the vacant land that my sewer line runs acrossCity - Well, The cityTimeline:2007 - OG developer purchases large 1 acre lot with an existing house with the intent to subdivide and create a small PUD.2008 - Improvements are made (new street, sewerlines, storm, power, water) are brought into the subdivision. 

More power to you if it works, and as you said there isn't any one way of doing this.

And don't underestimate the power of a strong first impression – a well-maintained exterior with a fresh paint job is key.Just remember, even with the best upgrades, color choices matter.

To achieve this, the rental income must meet three requirements.Rents Must Outpace InflationInflation steadily erodes the purchasing power of a fixed amount of money.

Not sure though since HOAs seem to have way more power than they should IMO. 

they will lose a ton of interest on 5.5% loan if we refi with someone else, but it would likely be 7% so its a lose-lose, they will lose our business and it could be in their favor to just drop the abusive term, ridiculous that a conventional loan doesn't let you keep the place after moving out. never saw that coming and this type of "pulling a fast one" is exactly why the other buyer who couldn't be present on closing specified that the power of attorney for signing closing documents was limited to exclude anything unnecessary. 

Air conditioned air leaking to crawlspace making crawlspace heat or cold depending on season causing more power bill to tenants.

Many people recognized their scam and left, but I feel like I should say something so that people who read this post doesn't end up in the same situation.What's ironic was although they stressed the importance of financial education in the beginning, they later pretty much told the audience "join the program, you'll have all the mentor, resource, and power team, and you can make money in real estate without really knowing anything and using other people's money".  

If I was you, I would just make sure you do everything in your power to qualify in 2025 because it’s going to be quite challenging. 

Meaning, automatically turn on power when a tenant leaves...Or, is this to difficult with multiple power options.