There are a lot of options out there and my only suggestion is that you take several for a test-drive to see which one works best for your operation.

My biggest piece of advice would be to take it slow and learn to evaluate different options and strategies and hear different opinions (you don't have to take them all and use them, see what works for you... there are a lot of them on these forums LOL) as soon as you can.

Hey @Jay Ritchie - From our experience here in Chicago, we typically see new water/sewer lines range in cost from $16-24k depending on the depth of the trench, distance from the street to house, and just different contractors.What area of the city are you in?

Here are a few takeaways that might help others considering this type of investment:1.

I was recently talking to a graduate of one of the military academies who will be moving to the Denver/Aurora area at the end of this year.

This sounds like a thoughtful plan, but there are a few things to keep in mind.First, while you won’t be on the mortgage, you'll still be co-owner, meaning if things go south (like he defaults), the bank could come after the property, which affects your investment.

My wife and I are looking to start flipping houses in our local area.

Though, I have investors I work with that do well with their rental properties in that area.

I'll be interested to see what others in your area have to say.

Does Tampa and surrounding areas have the same rules?