Is it still possible to name him as the occupying borrower and utilize a 203K mortgage?

@Henry D West I do much the same thing Account Closed except that I use a lease option or agreement for sale (commonly called a land contract or contract for deed in the states) because they work better for me here in Ontario.

I will have to look into utilizing that for my area!

It was quite common to use Comps from one subdivision when evaluating another. 

You pay an HOA fee and it covers electricity, maintenance, utilities, etc.

It's not right, but for the money it's an easy paycheck for them, so I have to assume it's very common. 

There about 100 million posts about “what should I do with X amount of money” so I’d recommend utilizing the search function to find those and read them.

My tenants would keep paying the regular utility bills each month while I make money off the roof.

How common is this?

I had their utilities disconnected, electric meter pulled.