Now purchasing a home with cash is always good b/c obviously cash is king but also I think the part you might've missed is that, the money your utilizing on these home's won't actually be yours, but the banks or whatever institution you used to fix the home or make its value worth more.

I doubt including utility fees in in the PMA.

Plus the 20%-30% more in gross revenue just goes towards utilities, furniture, etc.

Alternatively, once you have a full time job (or an employment contract), you should be able to qualify for a loan and utilize a Down Payment Assistance program.

I’ve heard that this neighborhood doesn’t really have any problems from a social worker but outside areas aren’t good. 3/4 units are currently rented at $900 each, renters pay utilities.

You're on a great track - best of luck and definitely utilize BP as much as possible! 

I underestimated utilities in my early years, so I ensure those are properly captured (electricity, gas, water and trash).

Gave him 10 months free space rent and paid for all his utility hookups. 

By utilizing section 8 income we will turn it into a property that is insured beyond belief and make over $ 418,000 gross $320,268 net.

@Alecia Loveless is correct--tenants need access 24/7 to their electric service panel, water and heat, assuming those are individual utilities for each unit.