The LTC/LTV is often very similar to the loans you likely utilized for flips but most lenders funding flip loans  don’t factor debt coverage ratio because the intent is to sell, not rent the home.

Hopefully your lease says something about utility bills being owed by the tenant - you should be able to make those "rents" by posting to the ledger.

I utilized a Fannie Mae 5% loan to purchase the property.

Investment Info:Single-family residence buy & hold investment in Orlando area.Currently under contract for a single family home that we will be utilizing as a short-term rental.

You should have a clear understanding of property tax rates, insurance costs, repair costs, utilities, landscaping etc.Any buyer must develop their own proforma and that is what should be relied on.

A growing number of my clients have been utilizing this niche of protection.

Have you considered the potential of utilizing the "asset island" method for primary ownership of properties, and than via NNN master lease to individual operating LLC's for business monetization use? 

The beauty of real estate is that you can spend as much or as little time on it as you want, it really just depends on the strategy you want to utilize and how active you want to be. 

S8 will include utilities in the rent payments to the landlord, BUT ONLY UP TO A CERTAIN AMOUNT.

@Ben Trageser I am not in Rhode Island though but happy to utilize my network to help you