Electric vehicle charging is prohibited.I have nest thermostats installed which allows me to see usage.

The problem is these quick rules of thumb for estimating costs can get new house flippers in trouble because they don't truly understand how to inspect properties or estimate repair costs or understand all of the factors that can influence costs.So for example, a newbie might walk into a house and think the property only needs a 'light rehab' and only $10k worth of repairs based upon the rule of thumb provided in the video.Well, unfortunately, that newbie doesn't know how to inspect a roof, doesn't know how to inspect an HVAC system, doesn't know how to inspect electrical systems or look for hundreds of other warning signs that cost money.  

Here is a long hand template that I'll use:= Analyze Deals: Identify: Property Price: Acquire: Down Payment Closing Cost Loan Transfer Stamps Taxes: Rehab Estimate: After repair value: Income: Monthly Gross: Rent Parking Washer/ Dryer Storage Advertising Expenses: {Fixed} Taxes Electricity Water & Sewer PMI Garbage HOA’s Insurance {$100} Expenses: {Variable} Vacancy {5-10%} Repairs and Maintenance {8%} Cap Ex - {Capital Expenditures} {8%} Management {10%} {Optional} Future Assumptions: Annual Income Growth: {2%} Annual PV Growth: {2%} Annual Expenses Growth: {2%} Sales Expenses: {9%} Totals: Monthly Expenses: Monthly Cash Flow: Monthly Income: ______________ Total Cash Needed: Cash On Cash Return: ROI: Cap Rate:

Also, install electric hot water heaters that are hooked up to the tenants utilities.

- (See Photo 13)ELECTRICAL - There are 2 electrical panel boxes, one in the bathroom and one in the hallway.

The electrical had been turned off, so you can imagine the smell from the fridge. 

One of house's exterior got damaged because a dump truck pulled a hanging wire on the street, and also damaged the whole electrical connection to the house from the street.

There is an assortment of electrical, plumbing and general handyman work which needs to be done in order to rent it.

How is the electrical and HVAC?

Plumbing and Electrical is done.