Rent for all three renters would include utilities.  

I have access to quite a few off market deals and plan to start utilizing my marketing for my own investment properties to help get others into properties as well.

The package provided by the owner only listed monthly expenses of $415 (not including taxes, insurance or utilities).

and need the utilities on.  

@Bob Okenwa Thanks for the response Bob, I have heard of many other investors utilize 0% credit cards effectively for rehabs, and I do like that idea, I just have to make sure I have a solid plan to pay them off, like you said.

You can utilize up-to $25,000 of passive losses to net against your other income.

Im trying to analyze this deal to see if it makes sense to purchase and if so at what price.The Knowns:All utilities are thru the city and there is no well or septic its city sewer, electric, trash, water etc.

The Knowns:All utilities are thru the city and there is no well or septic its city sewer, electric, trash, water etc.

It will provide you a good foundation on the process.Second utilize your teams experience.  

If you do ask, and have enough time, lenders are required by federal rule to decision a loan mod within 30 days of submission of a substantially or materially complete loan mod package.Unless he can appeal to them to delay, sounds like it might be a little late for a modification as an option.