I have my financing lined up and I have had a few properties under contract, but backed out during options for various reason (found out one was on the edge of a sec. 8 neighborhood, and another paid all utilities for tenants).Just this week, I found what I thought was the right investment for me.

Utilities, insurance, HOA while the home is vacant.

I'd also toss at least an 8% vacancy rate in the numbers.Run those numbers down against that $900/month section 8 voucher and I'm pretty sure you'll be making a nice chunk of change so long as you don't have to pay utilities to get the $900.

I am not familiar with this company but I will definitely check them out.It appears they utilize used shipping containers...a very interesting sustainability play.

What he does is include utilities in the rent he charges, and has all the utility bills under his name and sent to a P.O.

Unfortunately these projects often features the homes jammed up on the property lines with a complete obliteration of existing trees/landscaping features to make rooms for a monster house so it doesn't necessarily serve to 'upgrade' the neighborhood in many cases other than increased comps.In other areas I've seen a builder slowly accrue multiple lots of and develop them in a more tasteful manner with new construction that is architecturally consistent with the other new homes they've built adjacent and allowing for proper landscaping.I try to do everything I can to avoid complete teardown and rebuild, if I can utilize the existing foundation and utilities it is a huge cost savings both in construction and in paperwork and permiting.

Are the utilities all split?

They include utilities cable and internet.

This is if you decide to utilize a second on your home to remove PMI.

I would recommend to utilize a 5% down conventional loan on the primary home since conventional financing has the least effective cost as the mortgage insurance is not as high.