(At least in Illinois, laws can vary by state)Sounds like they are trying to get you to sign a buyer agreement which is not a very common practice today, some agents still do this but not all. 

It's not in the greatest location but something we believe we can market because of multiple factors including the fact that it adjoins to a city park on one side that has nice amenities and on the other side it has 3 ingress/egress streets that deadend on the property line with utilities that follow. 

Purchased a multiunit - 3bd/1ba & 1bd/baCost: $490,000Down payment: $200,000Renovation Budget: $70,000Mortgage: $2100/month - 30 yr fixed @ 4%Expenses: $190/Month (Utilities, upkeep, and administration) Rental Income: $4000/month ($2400 3bd/1ba & $1600 1bd/ba)Profit: $1600-$1710 a month depending on utility costsTo keep costs down my wife and I did as much work as we could, such as painting, installing kitchen cabinets, laminate flooring, light fixtures, etc.

I think I would feel the same way if I were the landlord and when I heard of this arrangement I was confused as to if it was common, as I had never heard of it before. 

I believe the Subject may be miss leading, I am paying alot of property taxes on 5 attached town houses that share a common single roof. 

This episode is 2 HOURS long, and the perfect thing to listen to while you cook your turkey today or shop for bargains tomorrow.Tim shares tips for using money to buy time, patterns common among high achievers, and how to be truly effective.

The houses are sold with no electricity or water and I can’t hook up utilities prior to buying.

She has little income, so I would essentially be paying the entire mortgage, insurance, taxes, etc... while she helps with utilities.

IF they first consider that the call will result in a $50 fee to them, they will take the 2 seconds that most of these nuisance calls take to troubleshoot simple, and common issues.Now, when it comes to actually assessing the charge, @Nick Patel, you need to determine whether this is a nuisance or tenant negligent charge, or a legit repair. 

Buy your personal residence with 3.5% down then utilize your other 9 25% down mortgages on 1-4 unit properties.