Water, gas, and trash have separate meters, and while electricity combining is possible in older duplexes, it poses fire hazards and code violations.

There is nothing cheaper to rent in my market so there are ten potential tenants for each space and because of this, the tenants would be happy being on a month-to-month lease for ten years than finding another place to live with a year lease.I know some of these sound a little brutal but I would rather leave it up to me to make decisions than have my hands tied. 

Does anyone have insight on market potential in Elizabeth City, NC.

A person looking at a 15 unit in all probability is in portfolio growth phase, and for the there is far more equitable growth and profit potential in the single family vs commercial unit consideration, because of potential exit buyer for such. 

By wanting to learn, I meant network with investors to purchase our first investment property since I see clearly the potential cash flow. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Based on how you described the proposal, your potential partner will be the investor and cover all cash considerations and you would serve as the boots on the ground/sweat equity.

Quote from @Charlie Shew: I have been trying to learn more about the self-directed IRA because my potential investment money is currently setting in a traditional IRA.

@axeIf the attorney who reviewed your insurance policy is, at a minimum, very knowledgeable about new construction and the potential problems that can be associated with it, it sounds like you're covered.

Hi BiggerPockets Community,I'm actively working on structuring a few real estate deals and am in the process of revising my old funding packets for potential lenders, encompassing both conventional and private sources.