Here is a podcast episode I recently did with BP on this https://www.biggerpockets.com/blog/rookie-521 Thanks!

The key is for you to separate the utility costs from the rent, then advertise your units with the rent rate only and explain the utilities later.HOW TO SHARE UTILITIES 101You have a property with two or more units and the utility meters are shared.

It's also in the wording, the state will look at a Fee to be the same as a deposit.

My profile has my YouTube channel and I have an episode that shows you exactly how to create the comp set and look at amenities that matter, what others are paying for cleaning and how other listings look - that way you can see how to best market your property. 

Quote from @Saul Vargas: looking in Phoenix or Vegas, do you guys have a better market on mind?

@Kedric Naylor, you're at the court's mercy.

I don't think I'll have the time to find something used since I'm doing most of this remotely. 

I personally don't recommend bothering with an LLC until you have $1 Million in equity.Warning: I am not an attorney, and this can be a complicated topic.

Some people will do this with one building, then after a year go out and repeat the process with another property.

This is a competitive sellers market at the moment with a lot of players working the MLS, you can get some nice base hits here and there, but I don't know of anyone that's hit a homerun buying on the market lately.