Here is an example:"University, Executive, Professional, Airport, Downtown, Yard, Dogs, Cats, Pets, Luxury, Designer, Upscale, Historic"I was told by a friend that saw my ad that it could be considered discriminatory and in violation of Fair Housing Laws since it could appear that the ad is designed to attract "Executive and Professional" tenants.My units are very upscale and it's reflected in the monthly rental price.

The reason behind is that to bring utilities to the property will be expensive if I only build 8 units.

Many people don't mind seeing the moving boxes either, they understand the situation.Two things to watch are transitioning the utilities and carpet cleaning/move-out cleaning.

I fully intend to utilize them, which I'm sure will give me a clearer picture, as I embark on this venture.

I'm just applying the 50% rule that says 50% of gross scheduled rents will go to vacancy, expenses (taxes, insurance, routine maintenance, make ready costs, tenant damage in excess of deposits, utilities at least when its vacant, CPA fees, legal fees) and capital (roofs, floors, appliances, furnaces, sewer lines, etc.)

It is the design and operating guidelines for your business.

Most conventional lenders will want utilities on.

Look up those who sit in those chairs and their resume usually includes education and professional designations.

If you go the commercial broker route I recommend pursuing your CCIM designation (http://www.ccim.com/about-ccim) which will include learning to do the same type of investment analysis as is taught in the RE MBA classes, but for a much lower cost.

Check them out as they produce some great designs and are a big inspiration into my foray into real estate.