A PUD zone would allow this type of flexibility and might get you reduced tap fees akin to a condo rather than SFR.  

Credit Report fee is $56 vs. $200; I don't see a "Closing Protection Letter"  or "Abstract" in all of the quotes).Two varying examples below:

Whether or not you should proceed with buying your first investment property outside of California depends on various factors and your individual circumstances

The number of units also factors into the equation.

Now, I am not saying that understanding the fees or negotiating fees isn't important but it is nowhere near as important as other factors.

There are many factors to consider when answering the question of which option is “best”.

Curbs, gutters, utilities temporary and permanent, architect plans specs, planning dept asks for changes adding fees, fencing to keep out the stealers, temporary porta potty, and then in a year you get the okay to start.

dependent on your level of risk. depends on state fees as well.

Pay filing fees.

With the caveat that he doesn't have to purchase a CapEx items early based on monthly set-asides or rehab a trashed property beyond normal wear and tear.So in Joe's defense, your question is asking for "Net Cash Flow" which will include the need to factor in all cash initially invested being out of the deal.