In many places there are some utilities provided by the municipality.

Key details of the project are as follows: The lots, vertical utilities, and plans totaled over $400,000 and are owned free and clear, with no debt.

You can expect that you will be required to build roads, sidewalks, storm water control, utility taps, street lights, street trees as well as recreation fees as part of the development process. 

. $1300/month, tenant pays all utilities. 4 bedroom one is vacant.

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At $1350 rent:- sustained maintenance/cap ex will far exceed 10%- I will be surprised if you can find someone to manage this one unit at $108/month.  

That's three months of mortgage and utilities, the cost of flooring, and the cost of painting.

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The ONLY exception is that a landlord may charge two months' rent if the tenant qualifies for utility assistance, the lease requires the tenant to pay utilities directly to the landlord, and the tenant and landlord agree in writing.