In addition, the housing markets in many parts of the country have been increasing steadily, if not briskly, for almost a generation without any significant re-alignment to the underlaying economic reality.  

I plan on having an accountant set up the majority of the accounts/details, but I'm curious about your recommendations. 

It really depends on how long you plan to hold and what your long term goals are with acquiring additional properties.  

So, just like their constant attack/desire to repeal Obamacare, they looking to go after the IRA Act just like they are trying to kill the additional funding to the IRS. 

In addition to the areas named by Jay, I would personally add Scottsdale, AZ, Columbus, OH, Richmond, VA, and Cleveland, OH.

Below is a detailed breakdown of the investment, costs, and outcomes:Location: Riverdale, GA, an area with potential for growth and increasing property values, making it an attractive target for real estate investments.Purchase Price: Acquired for $70,000, this property was identified as an underutilized asset with a high potential for value increase through targeted improvements.Renovation Costs: A total of $38,000 was invested in renovations.

If the water bill is $100 a month, increase the price by 20% (or whatever you decide is fair) to compensate you for the time required to split and bill and to cover additional use when tenants squander the utility.

They'll want more detail, but at least you've given something to get them interested. lol oh yeah slot machines would be a no no.

We attempted to get the sellers to take more money and offered them two additional options one with an extra $35k, via Subject To, and the other with an extra $70k with both Subject To and a partial seller carry-back. 

Have you obtained any detailed cost/benefit analysis quote?