We syndicated 25% of the required capital and utilized bank financing for the balance.

I utilized a HHF (Hardest Hit Fund) government loan of $15k that acts as a 2nd mortgage at 0% interest, automatically forgiven (payed down) 20% on its anniversary each year for 5 years.

My question is what's the best way to structure paying for utilities?

It will provide you the benefit of offsetting your living costs, collecting rent (possibility of cash flow), and utilizing a low down payment.

Partnering or utilizing someone with experience in doing exactly what you want to do is super important.

@Christina Merlo Cash out refinance or utilize a RELOC on the property to buy out your sisters share.

If I acquire 1 str in this location, for around $300k, I should be able to get it to a stable net income of $2,500/mth in about 6 months, utilizing a reasonable 10% unleveraged net return, etc).

It gets tricky trying to get approved for a primary residence if you are currently utilizing one within a certain radius.

If they know how to utilize their partnerships and financing options to their advantage, they can hedge against the effects of inflation and come out with higher returns and a more profitable portfolio.

Each unit has its own separate driveway, separate utilities, 2 separate street numbers (one deed for the property) and the lot is oversized so there is ample space for each unit.