I still don't have a good estimate of the rental prices, Zillow is suggesting a number but I don't always rely on it.If the renting out the property generates cashflow, then I will buy and hold.If the property does not generate cashflow renting it out, would it be profitable to buy the property and resell it, since it is on foreclosure?

By partnering with another investor, you can share the costs and risks of flipping property and potentially increase your chances of success.Section 4: Renovating and Reselling the PropertyOnce you have purchased a flip property, the next step is to renovate it to increase its value.

Although it’s been decades since I flipped a contract ( I do occasionally purchase a property and soon after resell it at a profit), the above is how I would do it in these times. 

Bonus points if you sell at a higher price and charge 0% interest so you don't get taxed on income on the interest- You have the potential to recollect and resell the property if the buyer defaults.

And thats an expensive EM check to lose if you can't resell the deal.

But this is something we don't really want to do assuming (i) the buyers bring it current and (ii) having the note and deed in different names doesn't tank the value of the note when we go to resell it.

You can try amex business credit or chase business credit, apply in the name of the business, they don't report to personal income and often have 0% intro apr for 12-15 months, more than enough time to refinance or resell the project. 

You can't profit from reselling utilities because utilities are a regulated industry.

If this was a fix and flip you bought, someone has probably already reaped the high resell point selling it to you. 

I assume that your concern is about the value of the property, if you want to resell it one day.