I pay $875 (including principal, interest, taxes, and insurance) and rent it out for $1,625.

You can include moving and storage costs in the charges.

I was chatting with some of my lending buddies at big banks and they are all backing away from the CRE space including office because operating costs are increasing more quickly than rents.

There is roughly $20,000 left in rehab including windows, floors, a new kitchen and bathroom. 

That way, there is some type of cushion to help against any high usage months, should they just happen to use more than your previous tenants did, or if you unfortunately get tenants who abuse the "utilities included" opportunity. 

I would include it either as a lump sum at closing for the amount which is easier than charging it back to them on a monthly basis.We have "investors" who own a % of each mortgage.

We as tenants had to acquire a shop vac and clean it ourselves, including dragging rugs full of filth and animal hair to the dumpsters.

Through my journey I have gathered priceless information about the markets and maintained countless of connections including contractors, investors, agents and brokers.

Fearless Forecast: I've written extensively about the wonders of the Oregon Coast, including why I migrated north and why I believe many others will continue to follow.

I included a link below to your state's association with all the requirement info.Keep in mind that getting into Real Estate is not a cheap adventure.