While your assessment of debt vs no debt risk holds water when it comes to litigation, an LLC with an insurance policy and an umbrella sets up a good defense.

Wind water tight.  

So until gas is restored, she won't have a way to cook or have hot water.

Purchase price: $5,995,000 📊📊 Developer Pitch Deck – 2490 W Henderson St, Cleburne TX📍📍 Property Overview•Address: Henderson St, Cleburne, TX 76033•Size: 107.32 Acres•Zoning: Approved for Single Family Residential•Potential: Up to 350 lots at 7,000 sq ft each•Terrain: Level – ideal for immediate development•Location: Prime growth corridor in Johnson County💰💰 Deal Structure •Purchase Price: $5,995,000•Contracted Direct from Seller •Clean title & escrow via Patten Title (Kristin Blay)•Buyer to pay all closing costs•Assignment Fee included in pricing🏗🏗 Subdivision Scope•Lot Count: Up to 350 residential lots•Lot Size: Minimum 7,000 sq ft per lot•Utilities: Accessible – Electric, Sewer, & Water availbale•Estimated All-In Development Cost per Lot: $45,000•Project Type: Master-planned residential community📈📈 Financial Outlook•Purchase Price: $5,995,000•Total Estimated Development Cost: $15,750,000 (350 x $45,000)•Total Investment: $21,343,425•Projected Sales Revenue: $29,750,000 (350 x $85,000/lot)•Net Profit: ~$8,406,575•ROI: ~39.39%🌟🌟 Why This Site?

When I was running the numbers on this duplex, I was unsure how to estimate gas and water because there is only one meter.

The investor pays for electric, WiFi, water, and utilities.

If you have a nicer rental or doing a full flip, you might opt for appliances from a big box store however; other services like plumbing, hot water heater installations, etc., I have found to be overpriced.

And now water damage to a downstairs condo unit due to poor installation of tub spouts. 

Low water pressure from a well will do the same.

water heater?