They jack up other fees And they routinely skip checking for “unrecorded liens” such as code violations, utilities, etc and Rxclude them from coverage in the B Rxvludions.

@Cody Bain you are considering one of the most common mistakes of active duty personnel.

If they can afford the utilities and food, Take out an insurance policy on both of them.

(price per square foot is arguably the most common metric to value an investment, especially a property that will be delivered mostly vacant)What are the current taxes, and who is responsible for paying utilities?

There has to be a reason they aren't common around me though but maybe it is area specific.

They sometimes overlook the free use of the space with no utility charges for at least the past 5 years when calculating their justification.My self-employed parents own the building, it is the source of their retirement income.

@Jay Hinrichs Yeah, we have mobile notaries here too....it's such a well known and common term, figured this must be something else.

@Chris RandInvestors who have rental properties report their rental activities on schedule E.You report rental income less expenses(insurance, utilities, repairs, mortgage interest, real estate taxes, depreciation etc).The great thing about real estate is that you may have a cash-flow positive business but report a taxable loss thanks to depreciation.The difference between cash-flow and taxable rental income is that depreciation is factored into taxable rental income and principal payments are not a tax deduction.generally speaking cash flow - depreciation + principal payments = taxable rental income

Same goes to the lots not currently being utilized and reaching out to the state.I have decided to reach out to the owner and speak with him on some of the concerns. 

In addition to what's already said above, Of course do your due diligence from ensuring proper leases are in place, the rent he says is what he gets by checking his bank account or some sort of proof, make sure the expenses he quoted are correct by looking at utility bills etc., title should be free & clear, no zoning violations etc.