I am barely starting out and yet to close my 1st deal.

Last year I attempted to turn off the water supply to the dishwasher and crushed the valve with my bare hand, flooded the still new kitchen, damaged the subfloor, $2000 in repairs.

Even if this wasn't commercial space and was residential the traditional standard in my market is 60 days, so thats the bare minimum I'd expect from a commercial space. 

If it requires anything barely beyond a broom sweep and light dust we have cleaners come back in and finish the job at the tenant's cost. 

I have found a few homes where the numbers work and were in the positive (barely).

It seems a lot more expensive for even a bare bones rehab than I anticipated.

They sold because they were barely making a profit.Once we took over and "pulled the curtain back" on their operations, we discovered a DISASTER!

The Proper immediately insured the STR mobile home for $$$$ but it's 100% covered so I just got bare minimum which is still a lot I'm happy with and now I feel better moving forward on a property I felt was just uninsureable.

There is no incentive for a seller to do anything other than the bare minimum necessary to satisfy the terms of the agreement.

Thanks everyone  I wouldn't follow the advice on utilities and bringing them in or ever do suburban development for builders. it is too small of a market and niche. there are only 7 builders who build more than 50 houses a year in columbus and only 3 have development arms and all of them do their own development. we do land entitlement for multifamily three story walk ups only, barely any Build to rent or BTR either because it's such a small part of the market.