If the house has the right updates for electrical it is a very in demand area for Section 8 tenants as well.

I did a lot of repairs myself but also hired a few skilled contractors for things like electrical work and plumbing.

There are exceptions - some properties are set up such that installing a few electric baseboard heaters might be possible to save on the gas bill - but i would still just shy away if not metered separately at the outset.  10) do shop for a lender and compare (usually pretty standard but there can be some fluctuation) - dont fall for the ones that sound too good to be true - there are gimmicks out there - big bank or reputable broker should do you fine.  

For example, if you’re investing in residential properties on the southwest side of town, eliminate property managers focused on commercial properties or other areas.Research CandidatesSearch Engines: Be cautious—Google rankings often reflect marketing, not quality.Yelp Reviews: Read reviews critically; tenants, not property owners, typically write them.

When things pull back they do too.Debt is the circulatory engine of the economyGino

I expect it to be moderate size rehab which to me means no significant plumbing or electrical and no walls being added or removed.  

I’m an electrician and I’d only do electrical since I know I could do it fast enough to be worth it but other than that I’d get someone who could do it fast and high quality.

And clients won’t miss the current system.I think you're engine is fueled on 98% assumption and 2% fact in this regard. 

In the 80's the electrical grid from Oregon to Mexico went down, and it was chaos for a few hours.

I wouldn't remove auto-pay on your utilities from your credit/debit card if you have them, don't want to miss your electric bill by accident but any daily/casual/somewhat necessary spending is cash.