I listed the properties, and over the course of 4 months sold 4 of the 5 utilizing the contacts I made at interacting with automotive shop owners.

Where the strategy can get is exciting (and what most investors shoot for) is when you can utilize that depreciation against your nonpassive income i.e.

I utilize my General Liability and have a separate commercial umbrella to manage the risk exposure.

@Frank Patalano do you utilize any of the real estate crowdfunding platforms out there?

Is there any legal obligation to pay the unpaid utilities?

Besides the long investment cycle, you have to know a lot about zoning, development, local politics, irrigation, farming, subsoil conditions, easements, utilities, development costs etc  Don't fall for the idea that just because you bought it at an auction means you've got a deal.The "easiest" land game to get into is to buy buildable infill lots

She is $50/hour and has spent a considerable amount of time getting my books straightened out to utilize Quickbooks.

PS: dropped a few pics of structures I saw onlineSituation: -I am looking to scale my portfolio by utilizing out of state small-multifamily and working with Section 8 tenets. 

-How do you manage utilities since everything will be shared?

I love to utilize VAs!