Often times when utilizing an LLC you might see terms that have higher interest rate, 25% down payment, 25 year amortized loan with a 5 year balloon vs a 30 year amortized fixed rate. 

The same economies of scale would could apply to submerging utilities and other cost cutting areas. 

I'd LOVE it if we could reach our goals together..I'm looking to pick up some properties wholesale. 200 "We Buy Houses" signs are going up around town, plus radio and TV ads. 

1) The utilities would be the tenants responsibility. 2) I did forget about lawn care.

I would be picking up the phone and calling my Ins broker and my attorney. 

Thanks, That doesn't sound illogical for the actual mapping process costs from Civil and city fees - I haven't done a 34 unit mapping project, but everything I've experienced suggests costs are less than linear as number of units increase.I would doubt that $100k budget includes right of way or utility work.Does that $100k include legal fees associated with HOA creation and establishment?

Thanks for the tip @Jeffrey Stasz on the utility hardwood.

I rented two rooms in my home for years and paid roughly half the mortgage and a third of the utilities every month.

Last weekend Boston Area REIA had a walkthough and Q&A of an in-progress duplex>condo conversion in Gloucester with Karriem Cherry from Cherry Picking Properties in Lynn. 

Hey Roman, I think Parkside is a really good area to pick up buy/hold investments.