For your scenario, you would be able to afford $8300 monthly mortgage assuming no debts. ($200K/12 months = $16k/ month of 50% = $8333.

Parameters: Income is >3x the monthly rent.

Utilities cost $150 per month.

Do you have 3 exits in the last 36 months?

Hello, BP famI wanted to share some of my research on new construction data in Maricopa County over the past 3 months!

My suggestion would be to cap your utilities at a certain amount and have Tenants pay anything over that amount.That will help you manage your expenses, and also allow Tenants to gage their usage each month, and make adjustments if they don't want to go over the allotted amount.As far as collection, provide the bill showing any overages and just have them pay for it along with their rent. 

New Roof, New Windows, Paint interior/Exterior, New Appliances, New Garage Door, New Fascia, New Fixtures (Bathroom and Ceiling fans), Electric Service Upgrade, 1204 Sqft, built 1960.

All of our leases are being renewed and renegotiated within the next 8 months.

here the numbers144k, 2556 sq ft, decent area.put 30,000 into remodel.Annual cash flow, 1,737cap rate, 7.82%coc returns, 2.82%monthly cash flow, 144grm, 92.9total roi, 16.26%Not sure if I am doing good in real estate or not,  just want to find a way to make it.

My half of the monthly rent is around $1300 with utilities.