BUT, get a solid quote on utilities.

On utilities, I bought a foreclosure in NJ and found out it was not attached to Town sewer and I actually had to extend the main line up to my property then put the lateral in and abandon an old cesspool.  

Just a follow up question, were you utilizing debt to invest, I have always been taught since a young age to try and not utilize debt (I come from a family of stock market investors, traditional business owners) where debt is not utilized as frequently which I obviously understand debt can be a very powerful tool and utilized in a great way its just something I want to avoid with my investments to an extent any suggestions for investing without debt or as little as possible. 

Utility improvements.

The main factor is will rents cover the debt liability and can you sustain 3-4 months of no income to cover the debt? 

In Chicago you request a CHA Burden sheet and that gross number minus utility allowance will be what you get in addition to making sure bedroom size is adequate.  

This property is gonna cash flow over $1000 a month after we're all said and done with utilities mortgage and more.

Utilizing empty lot space in this way helps to combat the increasing housing prices and limited supply many markets have been experiencing.

They put utilities in their name and keep them paid.

I do own two triplexes in Scranton, and I will say the one issue is that you are going to be taking care of the utilities normally if they are not on separate meters, which could take a good amount of money away from your overall cash flow.