Something that saves electricity comes to mindAny thoughts or comments are welcome and appreciated.

The new agent is very efficient and I won't have the problem with the electric bill and water bill again.

How modern is the electrical?

I joined a company that provides discounted pricing for TV (cable or satellite), Phone (voip), Internet, Gas, and Electrical service.

FYI- It is not the responsibility of the landlord to make sure the tenant pays the electric/gas bill  Ironically, Air Conditioning is not required. 

House needs new window, new electrical, new plumbing, new HVAC including duct system-everything.

I will keep you posted regarding the progress of my project. yes my job will be a full rehab ..I can imagine knocking down some walls to open up space looking for a more modern layout ..moving electricity, refinishing/putting new flooring, gutting kitchen, new cabinets, counter tops, full paint outside/inside ..possible new deck, yard, possible cosmetics in the basement (new carpet, finish walls etc) ...properties selling for under 50K in my area are needing all that ..I hope I will not discover too much while opening walls. most of those houses are winterized with no utilities running ..so once I switch electricity/gas/water on ..lets see if the thing will not fall apart ;-)

All of the infrastructure was done up front including electrical and plumbing to the area where the other 16 units would be going in.Here are the numbersAsking price 900K, (it was previously under contract for 800K)Monthly Rent Roll is $805010% estimating property management10% Vacancy(it has historically been closer to 6% in this area, but better safe than sorry)Insurance estimating $350.00 annually per unit7125.40 Annual property Taxes.All utilities are separately metered and paid for by the tenants10% maintenance5% CAPEX /Reserves- The first 8 units were constructed in early 2010 so I am not too worried about major CAPEX at this pointWhat else am I missing?

Do you have information on the normal big ticket items such as roof, HVAC, electric and plumbing?

Repairs: 3,010Utilities: 2,884 (tenant pays heat/electric/gas, owner pays water/sewer and trash)Taxes: 8,925From my analysis, using the 50% rule, at the $3,070 gross, would leave $1535 after expenses.