Utilized a VA Loan to finance.

If you are looking to utilize that money and purchase a multifamily then now is the perfect time.

When I tried to push back the utility company said to prove it was a misreading, pay the balance or water would be shut offContractors/tenants - when I purchased the place it was occupied and then covid hit.

When you are finding your monthly net cash flow, are property management, maintenance, utilities, capex, etc percentages of gross rent, or percentages of your gross cash flow (net rent - PITI)?

So 34K down, 10K in renovation, 10K for 5 months of mortgage/utilities and another 6K for closing costs?

I did some research on a few properties which are within my reach, and they're either vacant (with utilities on the property line or even delivered to the property (electric meter, water meter), or lots with exisitng structures (houses, sheds, etc.)

When we have utilized cash for keys; it is prior to filing an eviction.

This "extra" money is after I pay the minimums of my student loans, car payment, mortgage payment, utilities/electricity, etc. 

It was just a verbal conversation on how we would 1/3 rd the utilities and if anyone had any issues we would all sit down and discuss.

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provides support for the property tax appeals process.Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.