The last paragraph notwithstanding, does anybody have any rules of thumb for worst case numbers on foundation issues, mold, outdated plumbing, electrical, etc?  

Much stress.Other than cleaning, we didn't do much to the property, except paint the interior and replaced electrical fixtures, which we mostly did ourselves (I'm not an electrician but youtube is awesome!). 

Curious to hear from other landlords on whom pays the utilities (gas/electric/water etc) in your properties.

Thanks guys finding out monday if the zoning allows multiple units, its already separated electric (illegally i assume).

There are plenty of good folks out there, and I would recommend slowing building your contact list as you start needing things done and find good people for each specialty (plumbing, electrical, HVAC, general handyman work, etc.) 

We did interior and exterior remodelling, plumbing and electrical, dry waste and back yard.

Most likely it would be obvious - two electric meters,  two mailboxes,  etc,  and might already reflect that use on county records.   

We replied yes, but it's full of tools and electrical and isn't safe - Please give us 24hr notice.

Purchase price: $85,000Rehab: $60,000 All-in: $$145,000Current ARV: $180,000I just refi'ed and was able to cash out $135,000 so a little cash got locked into the property.The house literally needed everything from foundation repairs, to a new roof, all new plumbing, electrical, and a full interior gut.This property was initially 1600 sf, but it had a courtyard patio (house had a U-Shape layout).

I believe you can even pull the FHA Duplex Loan limit to turn a Single Family Home into a Duplex.My gut tells me this is a very powerful tool that I haven't cracked the code on fully, just yet.