Since you don't already have phone lines, there may be more to it.Here is an interesting link for "DSL installation explained from start to finish."

I figure it will cost around 800k dollars when finished with development.

Best of luck and I will keep you updated when I finish my first personal flip for any other pointers.JF

My contractor then said, with an additional $50-70k he can finish the entire project start to finish in 3 months tops, at which point we would have tenants lined up ready to move in.I'd like to just get a loan (somehow...this is what I am trying to figure out haha) for $100k flat or whatever it may be to buy the home in cash, pay for the repairs in cash, then use the rental income to pay off the loan as quick as possible.

I have it about done just have a few things to finish up.

The house in Park City was a complete remodel - it was started in 1979 and never finished  - I had to finish it and bring it up to code.  

Absorbing enough information through podcasts, books (I just finished Brandon Turner’s “The Book On Investing In Real Estate With No And Low Money Down” and it was amazing!)

I have interviewed 6 contractors and the one I chose is too busy to finish my flip after a month and half!

Every time we cook our alarms go off throughout the whole house, and there is nothing we can do except grab a pillow and wave it over the sensor!

This is based on the cost of the project, not the value (when you are finished and convert the loan to permanent finance, it will be based on appraised value).For me, I buy the land with cash.