For every rental property I am utilizing three accounts: checking account; loan account for the property and an asset account for the property.

@Kahleb Kelsey you probably want to understand how it got vacant (i.e. ellis, buyouts, or what), and how the meters/utilities are set up along with permits.

I am interested in utilizing the, Native American specific, HUD 184 loan to build a quadplex.

- I don't see a utilities bill on this evaluation anywhere.

I am currently utilizing Yardi Breeze which is a dumbed-down version of Yardi Voyager that only has a $400/month minimum.

Transparency, I utilize the value add strategy and do not buy turnkey for my portfolio, but I also only invest locally.

For example, if the tenant just packs up and moves tomorrow, you can continue holding him responsible for rent and utilities until a replacement tent is found, but you are obligated to make a good faith effort to find a replacement tenant as soon as possible.

However, they make one that doesn’t utilize a padlock and would be harder to remove:

Hi Jay, Call the utility company they may help

Once you have an idea of what's required you can reach out to some local site work and utility contractors to get an idea of costs.