They are all build-ready with utilities, gas, water, wastewater, etc. and level.

They are all build-ready with utilities, gas, water, wastewater, etc. and level.

Gas/electricity would be covered by tenants, and trash is free through the city.  

You have 10 to 20 mortgages, roofs, furnaces, water heaters, garages and roof for garage, sidewalk, yard, insurance, water bill, gas bill, RE taxes etc...  

There is only one gas meter servicing one hot water tank, which is utilized by all three units.  

I was there when I was your age and started with an installment loan at Metro Credit Union of $250 and a gas credit card and went from there but hard money lenders could make sense possibly if you can refi out of it quickly into a conventional loan.  

The house has one shared gas bill with a steam-powered boiler providing heat through radiators in only floors 1 and 2, leaving the basement and attic floors with no heat.

Sl # Links 1 https://www.biggerpockets.com/renewsblog/2013/03/19/exit-strategies-defaulted-notes/ 2 https://www.biggerpockets.com/renewsblog/2013/08/07/prevent-2nd-mortgage-notes/ 3 https://www.biggerpockets.com/renewsblog/2013/08/01/p2p-lending-peer-to-peer-lending-and-investing/ 4 https://www.biggerpockets.com/renewsblog/2013/06/19/marketing-for-notes/ 5 https://www.biggerpockets.com/renewsblog/2013/05/21/dealing-with-unethical-clients-a-story-of-deceit-in-real-estate-note-buying/ 6 https://www.biggerpockets.com/renewsblog/2013/03/28/longest-note-purchase-imaginable/ 7 https://www.biggerpockets.com/renewsblog/2013/03/05/note-buying-due-diligence/ 8 https://www.biggerpockets.com/renewsblog/2014/01/09/starting-notes-real-estate/ 9 https://www.biggerpockets.com/renewsblog/2013/11/06/bidding-notes/ 10 https://www.biggerpockets.com/renewsblog/2013/09/11/collecting-arrears/ 12 https://www.biggerpockets.com/renewsblog/2013/03/12/buying-mortgage-notes/ 13 https://www.biggerpockets.com/renewsblog/2013/03/12/getting-in-contact-with-the-borrower-the-hardest-part-of-the-note-business/ 14 https://www.biggerpockets.com/renewsblog/2013/02/26/finding-buying-notes/ 15 https://www.biggerpockets.com/renewsblog/2013/02/19/five-advantages-of-note-investing/ 16 https://www.biggerpockets.com/renewsblog/2013/02/18/cash-flow-notes/ 18 https://www.biggerpockets.com/renewsblog/2012/12/19/what-is-a-mortgage-note/ 19 https://www.biggerpockets.com/renewsblog/2012/07/21/technique-to-ensure-good-note-investment/ 20 https://www.biggerpockets.com/renewsblog/2013/01/18/mortgage-notes-how-to-structure/ 21 https://www.biggerpockets.com/renewsblog/2012/01/25/mortgage-notes-a-hard-land-ing/ 22 https://www.biggerpockets.com/renewsblog/2012/02/03/even-note-investing-has-guru-traps/ 23 https://www.biggerpockets.com/renewsblog/2012/02/17/how-a-pizza-franchise-ad-led-to-a-real-estate-note-purchase/ 24 https://www.biggerpockets.com/renewsblog/2012/03/08/gas-station-mortgage-notes/ 25 https://www.biggerpockets.com/renewsblog/2012/03/23/how-bankruptcies-affect-your-note-investment/ 26 https://www.biggerpockets.com/renewsblog/2012/04/10/real-estate-investors-consider-secured-notes/ 27 https://www.biggerpockets.com/renewsblog/2012/05/10/essential-tips-investing-non-performing-notes/ 28 https://www.biggerpockets.com/renewsblog/2012/05/17/what-does-note-buyer-seeking-realestate-note/ 29 https://www.biggerpockets.com/renewsblog/2012/06/28/collecting-first-mortgage-note/ 30 https://www.biggerpockets.com/renewsblog/2012/07/21/technique-to-ensure-good-note-investment/ 31 https://www.biggerpockets.com/renewsblog/2012/01/13/property-values-and-mortgage-notes/ 32 https://www.biggerpockets.com/renewsblog/2011/10/14/real-estate-notes-investing-selling-buying-partials/ 33 https://www.biggerpockets.com/renewsblog/2011/09/24/mortgage-notes-advantages/ 34 https://www.biggerpockets.com/renewsblog/2011/06/08/5-pitfalls-note-investing-06811/ 35 https://www.biggerpockets.com/renewsblog/2011/05/25/get-note-pre-approval-before-the-deal/ 36 https://www.biggerpockets.com/renewsblog/2011/05/18/heart-smart-note-investing/ 37 https://www.biggerpockets.com/renewsblog/2011/05/11/is-your-seller-financed-note-in-respa-compliant/ 38 https://www.biggerpockets.com/renewsblog/2011/04/20/investing-in-notes-is-not-a-one-and-done-commitment/ 39 https://www.biggerpockets.com/renewsblog/2011/04/14/a-note-buyers-checklist/ 40 https://www.biggerpockets.com/renewsblog/2011/03/24/land-contracts-buying-partial-notes/ 41 https://www.biggerpockets.com/renewsblog/2011/02/09/differences-performing-and-non-performing-notes/ 42 https://www.biggerpockets.com/renewsblog/2010/03/28/how-this-note-could-make-you-money-using-your-failures-for-success/Good Luck and Enjoy learning !

That is the million dollar question.I prefer door knocking, but time is money and gas is expensive!

The difficulty that I had was that during the environmental study, they found some gas tanks were removed and due to limited paperwork, requested that I conduct an environmental phase 1 & 2 study.