If you google Rental Property Calculator that's what I normally use to get my numbers

That gazebo are normally for topical locations that do not receive such blasting heat like Arizona.

Think again.Sell a building at an outrageous price before the market normalizes, reinvest by buying up, buying more, buying a catamaran, or buying stock to preserve and build your wealth until the market normalizes, and then buy some more.My clients have been awestruck by the prices they've been able to sell buildings for in this market.

It is very normal for property taxes to increase when a complex is sold; especially one that has been owned by the same owners for 10+ years.

Now may not be the best time to get in, I wouldn't normally say that as an investor needs to be able to invest in all markets but I have feeling that a correction is on the horizon.

It normally leads to them taking on more risk than they should have or a large BRRR project that they didn't understand. 

I would like to refinance in 5yrs to a normal 15yr conventional loan. 

What’s the longest you’ve ever had a vacancy or considered as normal?

Tobias,If you are doing rehab to the building before you move in, rent out, or sell the normal policy for that is a Renovation Builders Risk policy.  

The only scenario where we normally would include utilities is if the properties utilities are not individually metered.