So utilize the forums for sure.

The exceptions seem to be if a person buys a radio, television, or cable enterprises (475.011(6)) or the person is an employee of a public utility (475.011(3)).

After chatting with a neighbor of the house, discovered that a couple of squatters are occupying the property and have been living with utilities turned off.With the tenant laws in California, is this property even worth pursuing?

Also, you will have really high utility bills, because your guests will leave the heat at 75 degrees with the window open.You will also have to either get a management company or deal with marketing, reservations, contracts, receiving payments from guests, security deposits, housekeepers, maintenance, keys, etc yourself.

It might be better to hold off of the LLC; however, you might want to consider utilizing a partnership between you and your wife if you're married.

Sometimes liens aren't found initially when the preliminary HUD is submitted to the bank for approval (such as a utility lien for a few hundred, a city lot clearing lien, etc).

The utilities are not on in the remaining units--nor can I have them turned on any time soon.

So as owner of the lot he would have no responsibility, perhaps other than to allow the tenant or utility owner to make repairs at their own expense due to an easement. 

You don't have to worry about exterior maintenance, mowing, exterior insurance, roofs, and possibly utilities.

If you can utilize one or all of these comfortably it will help a lot.2.