I’d like to take rural larger acreages split them into multiple 1-2.5 acre parcels bring in utilities or have them off grid depending on the area.

Because of the restrictions for cars, you may be better off from a tax timing perspective if you replace your business car with a heavy sport utility vehicle (SUV) instead of another car.

They have 4 kids, have never paid a day in 24months, pay their utilities on time, house is always spotless and the outside is always picked up.

However, I would like to set up an LLC so that I can start a business bank account to separate all revenue (monthly rent) and expenses (renovations, utilities, etc) from personal expenses. 

That's everything -- utilities, cable/internet, Airbnb fees, lodger's tax, etc.----------$4,575 -- cash flowOne caveatOne big caveat to that cash flow is that his first four months were some of the hottest months for Airbnb in Denver and Colorado in general.

If rent is 100% covered by Sec. 8 this could be for a deposit, utilities, late fee of some sort. 

I am also a part time Realtor, so I can also utilize my commission in the deal. 

All are on one meters (water, sewer, gas, and electric) and owner pays all utilities.  

These number include all utilities so you’ll need to adjust them down $100 or so if tenants pay separate utilities and of course take them with a grain of salt and run real comps when your looking to put in an offer.

It’s easier to commit to stay longer when the utility costs aren’t crazy.