Sewer line backup, ordinance & law, and replacement cost coverage are coverages I include. 

There are kinds of guru's who will help you buy section 8 properties in a turnkey package including the rehab the property will need to get it rented.

S8 standard voucher amounts INCLUDE all utilities.

This should include potential rental income, expenses (including property taxes, insurance, maintenance, and potential vacancy), and your expected return on investment. 

That’s because it can include renting furniture and decor to more fully transform a space.How Do I Know Which One To Pick?

Purchased for $139,999 using a mix of cash and hard money, we revamped it with modern updates, including a new kitchen, flooring, and fresh paint.The property rented for three years, generating steady cash flow of $450/month.

That is just the loan payment and doesn't include your insurance and taxes like a typical mortgage payment does. 

Sounds like a good plan, should have plenty of options available.I would be cognizant of any group you talk with on two areas, the location of the property including any potential concerns of it being 'rural', as well as the minimum purchase price and/or minimum loan amounts.

Compare this to your total monthly costs, including mortgage, insurance, taxes, vacancy and maintenance.

In Milwaukee the weather can get pretty cold and we want to protect the tenant, but also the pipes in the property from freezing.For that reason we do have a stockpile of emergency equipment which includes electric space heaters.