Now today on the 20th at 130pm with a close tike of 3 pm, the underwriter decides that they don't like that because I'm so young and so fat have only been an authorized user on a credit card (having been renting and paying for utilities for a year though) and haven't been making the payments, that now I would need to have a cosigner (which doesn't really work since everyone I know have too many write offs) so now I'm in limbo while I wait to see if there's any other solutions.

You can actually charge a RUBS fees with the rent to offset utilities. 

Septics, land, and utility installation will not get cheaper.

Tenants pay all utilities)Taxes & Insurance:  $149 / monthPlease reach out if you have any solutions that you can provide or if you would like to discuss more details of the project. 

Operating Expenses (30-35% of Income)Rule of Thumb: Allocate 30-35% of your rental income to cover operating expenses such as property management fees, maintenance, repairs, utilities, and insurance.Why: Properly budgeting for these expenses will keep your properties well-maintained and avoid unexpected financial strain.3.

I think you’re in a great position to do that and get your feet wet and utilizing this opportunity to set yourself up well as a young age.

A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.

The most common approach to purchasing US real estate as a Canadian is by utilizing an US LLP or LLLP, with the investor as a 99% Limited Partner, and having another entity (such as Can Corp or US LLC) as the General Partner at 1% to limit liability exposure.

I'm going to rain on your parade.Mortgage and HOA fees will be around $31,000 but you haven't accounted for furnishings, utilities, WiFi, maintenance, taxes, and other expenses.

No extra excavation, or utilities or any other surprises.