If so, you can bill back water/sewer consumption (increasing the NOI and cutting one of your largest expenses)  but you'll want to see if that's common practice with your competition and ensure rents line up as well.

I️ bought a turnkey property, they had a new roof, new furnace, new hot water heater, refinished floors etc.

One is on the market and one is going thru the eviction process.We pay for water, trash, yard and management Water is around $200 MthTrash $180 mth Yard is $200 mthManagement is $400 ish a mthWhat's it worth?

That is just not the case and only makes sense strictly when compared to residential loan terms (longer amortization and low, fixed rates).

Additionally, I have done a good job finding property taxes and market rent for these properties but not as much luck with water, electric, and garbage.

.  :-)Also, you didn't ask, but I have another piece of advice, before buying anything, check the flood plains and don't buy a "down house"--a house where the property slopes toward the house as you'll always have water problems.Good luck!

I know silly but its the law .. do look up the foreclosure rescue laws in CA I know they are there @Sean OToole  knows them by Heart.Now also the loan with Quit claim is totally illegal I know its done but anyone complains and your in hot water that is circumventing the borrowers right to cure.. so forget that one.also if there is no junior  debt and its a California trustee sale its probably going to sell for at least 75 to 80% of ARV so figuring no sales cost no fix up work.. that could be his best bet let it go to sale get the MASSIVE overage tax free and move on.. depending on your financial capacity I did this in Oregon 10 years ago.. and before the laws changed .

One of the homework assignments was to call your credit companies to extend your credit limit, since your credit rating is based on used credit compared to available credit. 

My story of finding dirty birthday balloons and a joint in the crack of the couch doesn't really compare to that for this year...thankfully I guess. ;)Cheers to you and best of luck! 

I have heard that a good rule of thumb for a quick land sales flip is to price it for sale at half the rate of comparable land, while making double your money.So, with that being said, I would research demand and land prices for comps on a popular land website like landwatch.com.