The original insurances are covering the original purchase price of the properties, which are 25% of the worth in this day and age.

You can look on Zillow for furnished comparable properties to see the pricing.

I'd think if you are looking at both, the prices on the 3 western states (sorry AK and Hawaii-leaving you out) are consistently higher.

For that reason, most landlords would include those utilities in the rent if they are a fixed price.

Definitely a hefty price tag but if you can get something maybe on mission hill, you could easily rent it out to students forever.

In my area of the state, just drilling a well alone can cost $35-$50k+.Some areas have lots that have adjacent to public water and sewer that you can tap into however usually you'll incur the water tap/sewer tap expense which varies in price but I've never seen less then $10k on the water tap and $5k on the sewer tap and those are lower then usual.

Purchase price: $240,000 Currently practicing co-living with 4 tenants for the past 10+ years and looking to scale to more properties this year (at least 1 property per year) What made you interested in investing in this type of deal?

If you advertise as a wholesaler, you are pushing away anyone that wants to list their home at market price because they know you are trying to make a cash offer and that's not for them. 

I have reached out to state farm and they gave me a really good price but I am now worried I am not being protected 🤣 I had an insurance broker but having a hard time getting quotes now.

That said you could easily work out the cap rate of the purchase by taking the net income you receive from the farming operation and dividing that by the purchase price.