Add utilities, lawn and pool care $800-1000.

I didn't, and the people at Eagle Rock, who approved permits and necessary utility connections, were not very cooperative, which made the process more stressful than it had to be.I've seen lots listed on Zillow and the Aggressive Real Estate web site. 

If you have zero vacancies, zero tenant damage, make sure utilities (especially heat) stay on every winter even if the tenant doesn’t pay.  

We don't have that guideline for cash-outs, we just utilize the 1007. 

I would however recommend elevating anything placed in a non-elevated utility room to ensure damage is unlikely in future storms.

Regarding property management, utilizing local property managers can save you time, and using PropStream effectively for filtering properties by distress level and location will certainly help with finding stronger deals.

I'm a member of one local STR page that vets owners by requiring they see a utility bill with the address and the owner's name.

The one percent and 2 percent rule ive never looked at ... cap rate is .. meh .. its there - what im most concerned with is the price of the home relative to comparables and cash on cash to start.   9)  I look  the other way if it is a multi unit that is not separately metered - thats always one of my criteria here in pgh as there are a lot of older homes and a good portion you wind up worrying about who will cover utilities.  

I'm utilizing social media to the fullest with multiple groups that are centered around moving to Florida.

I know many successful investors that utilize it and some have higher-end properties in areas like Maitland.