8%-10% is a good reference point, I'm curious what your opinion would be as to a fair rate?

Also, unless you use an electronic lockbox on the front door, you may want to use intelligent locks, which require Internet access, which requires power.No question that there are many reasons why you should turn on utilities, not the least of which would be to better understand how the plumbing and electrical is working given the property has been vacant for a while, but I can't think of one reason why you shouldn't, including the one about saving money, because I am fairly confident that not having utilities will end up costing you alot more than you might think.Best of luck on your project!

My wife and I are fairly new to real estate investing, but are looking to dive into it head on (which I’m guessing is the same as prettt much everyone on this site).

Also, make sure you check your fair housing laws in your area in regards to future tenants.

In my personal experience (as an investor and agent), appraisals track fairly to market values in Onondaga County. 

For a little while I was disappointed to see that the market was dealing with current events fairly robustly and wondered if I made a mistake. 

;Roth IRA funds are not subject to requirement minimum distributions (RMDs);The fair market value (FMV) of assets held in a self-directed IRA is reported on form 5498;The fair market value of assets held in a solo 401k are reported on Form 5500-EZ;At termination, the solo 401k is required to file a final Form 5500-EZ and 1099-R; andAt termination, the self-directed IRA is only required to file a form 1099-R.

Have clean, safe, nice units at a fair price.  

So that they have a little on going skin in the game if they feel it is truly a good deal

I've got a fairly large emergency fund to cover mtg/tax/ins payments in case of mass vacancies or no rent.