-Costs of street development and utility extensions (public water and septic)-Approval process for subdividing, what should I make contract contingent on to protect myself (approvals, soil tests, stormwater etc)-Is there a form of financing people generally use?

Loan Points: $4,687,500.00If the landlord pays all utilities the tenants will abuse it.

Utilities are controlled.

Mostly just lawn care, pest control, and utilities for vacant units. 

You're missing property taxes.Any utilities?

& utilities included).

So, we are looking for an efficient (energy-wise, because we pay all the utilities), safe, and relatively inexpensive.

However, there was no utilities to the third floor. 

The gross numbers are belowIncome = 100Expenses(including depreciation) = 200Net income = -100Your 10% of -100 is -10You will receive a K-1 showing -10 of income.Now whether you will be able to utilize the loss or suspend it and carry it forward is another story.

That includes all utilities and internet.