If any components that are electrically powered or powered by gas fail.c.

I'm having trouble seeing you getting $1500 for a $79K house.Also, you're showing electric and water - are you renting this bills-paid?

Also you will be responsible for electricity on the exterior and common areas (if there are any).  

Look to see if it has separate electric and gas meters , it doesnt mean its legal but there is a better chance.

Is it true people have electric versus Gas up there?

Scott,The big question I would have about your property is whether or not the utilities are separated, mainly gas and electric?

Parking Information# of Parking Spaces (Total): 8.00# of Parking Spaces (Covered): 4 # of Parking Spaces (Uncovered): 4Additional Parking, Paved Parking, Carport School InformationElementary School District: 004 - Mesa Unified DistrictHigh School District: 004 - Mesa Unified District Utility InformationAPS ElectricNo Gas City Water FranchiseSewer (Public) Financial InformationAnnual Electric Expense: $79.24Annual Maintenance Expense: $2,097.92 Annual Management Expense: $1,786.10Annual Trash Expense: $385Annual Water/Sewer Expense: $1,731.01Owner AssociationAnnual Owner Association Fee: $3,600Gross Annual Scheduled Income: $250,000Adjusted Gross Income: $245,000Vacancy Allowance: 0.02Total Month Rental Income: $2,040Net Operating Income: $13,279.27Cap Rate: 7.18Equity: $185,000Existing 1st Loan: ConventionalExisting 1st Loan Type: FixedExisting 1st Loan Type: Non AssumableExisting 2nd Loan: Other (See Remarks)Existing 3rd Loan: Other (See Remarks)New Financing: Conventional, FHATaxes: $1,147Tax Year: 2014

That is a 9.0% cap rate ($14,400/$160,000).(2)  Operating Expenses:  Do you, or tenants, pay water & electricity? 

Umm, why are you including "electricity" as a paid for utility?

That adds a layer to the owner's limited liability keeping the PM's insurance in the loop.Basically, 3 ways to go: 1. hire employees, 2. hire a general contractor, then 3. hire specific contractors such as a cleaning company, HVAC, Electrical, etc.