So most of the time developers who pull this move, replace with a new unit NOT used.Utilities on bare dirt will cost more time/money than I think most realize.

These costs +/- are $2,000 per year total.

Unfortunately most newbies will still be attracted to low priced neighborhoods like you said.

I understand doing an initial BRRRR on a low cost property so my subsequent information is something to ponder possibly only for future consideration.  

What is the cost to connect to the public?

However, I understand the dynamics of Section and and low income areas.

I know of credit cards that can be acquired for a business that has a very low rate, I don't know of a 0% card. 

The problem is that I live in California (which is cost prohibitive for me currently to "buy local") and must rely on remote management that is local to the investment area. 

SBA loans feature favorable terms, such as low down payments and longer repayment periods, and are partially guaranteed by the SBA, reducing the lender's risk.SBA 504 Loans: Another SBA program, the 504 loan program, provides financing for the purchase, construction, or renovation of owner-occupied commercial real estate or heavy equipment.

The reason I'm investing in Toledo is because I know the area, have some friends and family there to help if needed and the cost of entry is minimal.