Let me know what experience you have and what monthly cost you paid for these utilities. 

We have been doing this constantly in Boise as we are such a high appreication market, but still more cost effective than CA.

Meaning, if you take the money only, you would have depreciation recapture from your cost basis up to the original purchase price of the building (not including the land cost because it wasn't depreciable), plus a capital gain up to the insurance proceeds.Hope this makes sense. 

BRRRR also assumes you nail the rehab and refinance steps, which can trip up newbies if costs or appraisals don’t align.

This also gives me solid staying power when maintenance costs arise. 

Quote from @Stepan Hedz: Selling fees (estimate), $30,000, and holding costs?

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

While under contract, we perform due diligence and there will be some soft costs incurred. 

Additionally, the cost to create a business here is not as inexpensive as the United States, in some cases it can cost thousands of dollars to setup. 

We are considering building and holding townhomes but need to determine the costs.