Your estimates for plumbing and electrical are probably off by at least a factor of 5.

I would also have the tenants pay for Electricity, Water & Sewer, and Garbage.

Even then, I believe these permits are only needed if you were to alter any electrical, plumbing, framing, and the like.

Other properties were built for investors where there is 1 water meter and 2 electrical meters.

How’s the roof, HVAC, electrical, ect?

We get a ton of applicants, but finding good tenants takes time.Watch out for owner paid utilities: While paying water/sewer may be easily quantifiable, paying for electric and gas can get out of control quickly.

To bump this post as I think it will add some great value to the BP community here is a headstart:Home improvement stores: Home depot, Lowes, Menards, ACE, Southerlands, Meeks, lumber liquidators etcProduct types: construction supplies (sheetrock, roofing etc), electrical fixtures, vanities, kitchen cabinets, countertops, flooring, landscaping, Prehung doors, windows, appliances, HVAC etcWho is the best at what?

If it's internal plumbing revisions, electrical upgrades and/or wall removal/additions, then unless you have pre-renovation floor plans showing what changed, you may be at a lost.

This was something I was concerned about as well, not so much in the winters because the temperature does not drop very low often, but the summers can be very hot, and if I choose to assume all utilities this can cause high electricity bills in summer months.

Gas, electric, water, sewer and trash.Get Ready for Rent:- Change the locks.