I've joined the BP community to utilize the educational resources.

We usually have a certified hvac guy do our furnace filters, it cost us $70 per house but then we get a rebate from the utility co. and he checks the units then also checks the house for us.

We did all of the work ourselves (only subbed out the windows and reverse gable extension) and was able to keep rehab costs down that way.

The reason behind is that to bring utilities to the property will be expensive if I only build 8 units.

Many people don't mind seeing the moving boxes either, they understand the situation.Two things to watch are transitioning the utilities and carpet cleaning/move-out cleaning.

I fully intend to utilize them, which I'm sure will give me a clearer picture, as I embark on this venture.

I'm just applying the 50% rule that says 50% of gross scheduled rents will go to vacancy, expenses (taxes, insurance, routine maintenance, make ready costs, tenant damage in excess of deposits, utilities at least when its vacant, CPA fees, legal fees) and capital (roofs, floors, appliances, furnaces, sewer lines, etc.)

Most conventional lenders will want utilities on.

These properties are primarily bank owned and come inline with the 70% Rule, but they are priced low due to the extensive work needed.

Finally, make sure that your utilities are split on multi-families.