Once we started construction, we ran into several major problems including a steam pipe running through a kitchen wall that we were planning to open up, a huge leak inside a couple of walls that required the replacing of a whole exterior wall, damaged subfloors, major termite damage that resulted in a replacement of the sill plate in the master bedroom, needing to upgrade full electrical service (and split it into two separate panels) and a corroded water line that required emergency replacement all the way to the street in the middle of winter during record setting cold temps and a snow storm. 

I also know what the humidity and bugs are like in the south.

Blast the music, keep all the lights on, and install some carboard people on the electric train to circle around the room.

The electrical and the furnace are all new.We have 5 days to do an inspection and back out ...In my deal analysis model, I had put $150/month as insurance premium.

If I did not live in the house and rented the whole property I could easily get $1,500 but given I have the most updated place by far I could likely get a bit more.I currently charge both of them $300/mo+Utilities(Electric, Water, and Cable) the typical payment to me comes to $420/mo each which pays for my total mortgage payment.

Rich, I know you know what you're doing but that must be a very large company if there are no subs.Here, my last lot development had;The engineers as one entityThe electric utility contractorsThe gas company contractorsWater and sewer contractorThe utility company inspecting with feesA demo contractor for an existing buildingA survey companyPaving contractor, streets, curbs and guttersWater retension and landscape contractorTelephone and cable contractorsEven DNR had fees to an engineerAll of that before a shovel was turned on any lot.Now, I did do a minor subdivision for industrial where everything was already there, only a survey was needed and an engineer.

Kitchen, living room, bathroom downstairs with one bedroom upstairs.Currently there are 0 vacancies.Rents - $530 x 8 = $4,240 / monthMonthly Expensesmgmt fee - $275Common Electric - $20RE taxes - $500Dumpster - $103Sewer - $336Insurance - $160Still not sure what I am going to do for financing.

With an open ground, depending on your area's electrical code, you may be able to use GFCI outlets or a GFCI breaker rather than running new electrical wiring.

Oh - also, check with your local utility company (electric or gas) and see if they have rebates for windows.

I once had a whiny tenant/roommate who thought 70 is cold and got an electric heater.