Hi Armondo, Unfortunately you can not utilize a 1031 on a flip property.

Converted hospital to apartment building years ago Owner pays utilities and you can't separateIt's in a class B-C area but not sure how I feel about most of the building being on government assistance.

You might want to go through the fine print of the lease and see what you can find.The lease with the old landlord included tampering with a utility meter as a breach, but I don't see that clause in the lease with the new landlord.

How can I have utilities turned on for a property I don’t own?

For instance, one property may meet the 2% rule (monthly rents = 2% of purchase price), but the owner may be paying a lot of the utilities.

@Jared Carpenter $700-750 with tenants carrying utilities for this particular area.

This is not only pain when it comes time for utility bill reconciliation but also can have adverse smells from the oil tanks in the basement.

TaxesInsuranceMortgageLoan acquisition costs (settlement fees etc.)Utilities during rehabMileageRepairsCapital expenditures (detail what it is & cost for each because different life for each)Meals MarketingService / laborOther / misc.

Once you feel you have a good grasp on whatever strategy you decide to utilize to invest, then dive in.

Ditto what the others have said (usually tenants pay their own utilities), and require them doing so in the lease (especially if the house has gas on top of electric and water).