I agree 100% do not cut utilities. 

Never done it either, we've been approached to lend by some investors looking to do it.The risk of insurances rates skyrocketing or simply being cut off makes it extremely difficult.You also have to consider rental demand.

Not only did it cut his living expenses drastically (and the triplex appreciated $843K over those 10 years, not bad on a $20,000 down payment even though that was a fair amount of money back then), but one of his tenants eventually became a business partner on his next investment.

The end of the year statement the bookkeeper prepared for my taxes this year cut my accountant’s time in half compared to what I had been providing him.

Therefore, if the housing market has stagnated or the rental market is in decline, it may be wise to cut your losses and sell the property.

Cutting back vegetation etc.The home probably got more deferred maintenance, water damage evident even in this video.

At this point, I’m eager to cut ties with them completely.I did interview several other PMs before choosing a new one.

I’ll cut to the bottom line.  

If you think it's going to drop if the fed cuts 5-7 times in the next year, it might make sense to look at an ARM with a 3 year declining PPP instead. 

I’ve done rehab before and know how to cut costs there but have never built from the ground up.