Our cash reserves can cover the extra expenses of putting in power and water lines(I own an excavator) and crushed concrete for the driveway amendment.

Out of curiosity, who pays the water bill? 

Some providers take the approach that a furnace or water heater with several years of expected life shouldn't be replaced in the rehab, but that the final product should be priced accordingly.

Not a big deal, except then all the water drained out and our guests couldn't use the hot tub overlooking the river, which is a huge selling point.

Under the plan, the administration would allow wind power projects to be built in federal waters off the coast of Morro Bay, as well as at a second location west of Humboldt Bay.

He has offered to sell us a vacant lot at a huge discount to help us get started (he paid $10K and is willing to sell it to us for $25K - will be worth $100K+ once water/sewer is run to it).

I'd go there and remove the electric meter, shut off the gas, shut off the water. 

The current tennant has been there for 7 years and he's great,  he does ALL the repairs,  I only pay for the larger materials expenses (like a water heater), but he pays for all the smaller stuff,  faucets,  plumbing,  outlets,  etc.   

New paint, flooring, new kitchen remodel, complete basement refinish, complete landscaping refinish,structural reinforced and water mitigation added What was the outcome?

I've replaced so many of these over the years & it can be an easy job if the pipe runs are accessible or a nightmare if you need to go through walls.The last one was a MF that had a mixture of Galv & 3/8 water Cu lines connected without any catalytic protection so the joints all had severe galvanic corrosion & were leaking.