The best case scenario rents are $2200 at full capacity with everyone paying (rare), the mortgage is $1400, utilities run roughly $500, and property management takes 8% of what is collected (a good rate).

Hey BP,I am a little hesitant pursueing this park due to it being on private utilities.

You can use your current lease, however, modifications like utilities and whats included with the move in of the tenant.. 

My tenants utilize an online payment app (Roof), I run credit and background checks online (SmartMove) and keep all of my records in a folder on Google Drive.

. $400k housing and $9k in taxes annual, plus the utility costs there, don't really make Vermont that attractive from a financial point of view (which is too bad because it's a beautiful state).

The accessory dwelling unit shall utilize the same vehicular access that serves the existing main dwelling unit, unless the second unit has access from an alley contiguous to the lot.

We did,  but then it pushed more water to my laundry / utility room. 

What calculations and formulas do you utilize when you analyze a property?

@Melissa Dinas no utilities do not Need to be on.

Most anyone can turn themselves into an eventual millionaire utilizing that strategy.