Lets say a month of P&I, taxes, insurance, keeping the utilities turned on and the lawn mowed.

At the time we did not have a lot of capital, but finally found a bank that was willing to lend to us (rehab costs included), but we still needed something fairly cheap to be able to make the down payment and have funds left over for reserves and paying other expenses (utilities, insurance, mortgage payments, etc).

You can utilize a C-corporation to buy your flips, you can also invest personally as well.

Here in the DR, I have spoken to most that utilize the same setup, right now im trying to target areas that are newly renovated and have gyms and elevators.

(permits, fees, bringing in utilities, curb, gutter, sidewalk, school fees, design fees, etc.)

It already has a back entrance into the basement so I was looking at turning the basement into an 1 bedroom apartment.So my question is should I split the utilities?

Currently rented to Apartment tenants.Gross Schedule Income $2,580 Less Vacany Allowance (3%) $77 Gross Operating Income $2,503 Less Operating ExpensesInsurance $65 Taxes $150 Utilities $550Repairs $100?

The local gas utility should be able to identify how close the nearest gas line is, and how much it would cost to connect to it.How expensive it will be to run ductwork depends on the number of stories/floors/levels in the house, and how easy it would be to get the ductwork into place.

Reason being that I'll be saving quite a bit by not having a mortgage, HOA, utilities, etc. and just renting out a room from my friend until I purchase a new primary.

I have a friend that inherited a bunch of land in my town which was later developed into a Dicks Sporting Goods, Khols, Target, Olive Garden, TGIF, Chillis, Verizon, GameStop, etc. the list goes on...