Also, does this $5,700 number include utility revenue.  

I will be utilizing being a realtor to understand real estate as whole as well as to save my commissions to fund my REI business.

I'm hoping to learn from an  investor, perhaps as an intern, assisting and utilizing the skills I have to assist with the progress/success of their organization. 

I believe after review of the comps, I can put a much BETTER product on the market.Comps$590,000 or $275.6/SqFt - 6380 Surfside Way 3/2 2141/SqFt$430,000 or $260.4/SqFt - 661 Benham Way 3/2 1701/SqFt5 Month Project Duration - 2.5 Month Rehab / 2.5 Month SaleARV = $595,000 or $275/SqFt@  4/2 2163 SqFtRehab = $180,000Fixed Cost (Sales Com, Sales Closing cost, NON cash outlay)$39,885Cash Outlay ( Buying Closing Cost, Monthly Loan payments,Utilities, Etc)$20,962Purchase Price = $261,000595000 - 180000 - 60847 - 261000 =Profit =$93153Note**** that there are TWO loans in place here.

.- it's always good to see another Hoosier utilizing this great site!

Who will be responsible for getting utilities turned on and paid?  

Biggest problem I see with those older home conversions is most of them require the owner to pay utilities cause it wasnt made for and split up in apartments. 

Other positives- both units are metered separately on all utilities so tenants can pay their own utilities and save me that headache of trying to figure out who pays what.

I don't usually overlook unpaid utility bills.

I'm certainly already learning a lot, and I look forward to utilizing it as a tool in my business.