After ALL the expenses (taxes, insurance, vacancy, utilities, maintenance, cap ex, HOA, Mortage ect) would it still cash flow an acceptable amount with two tenants?

For example: they may list a water leak as $1000 repair when it may be a $7 shut offInspections on HUD homes are costlier and it some cases not possible in some cases do to the inability to turn on utilities. 

That being said, the calculators here on BP should be utilized.

A newer system might save lots of fuel and future utility cost. 

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

One of the biggest is the ability to put ALL of the expenses on the tenant...all utilities, lawn care, snow removal.

However if rented out properly and utilizing leased land rights I can make a very decent cash flow. 

I also would not suggest plugging more money in (as long as you are making a good return now), if the money could be better utilized at acquiring another property.

My contact info was included in a disposition letter that was sent to them stating they owed thousands of dollars due to unpaid rent and damaged sustained to the property.I am concerned they might retaliate because these tenants were recently evicted from my property.

I don't see how they can dictate when we can use our utilities.