I look forward to interacting with everyone and growing my love and passion for real estate. 

It ironically was built in 1937 as well.Something to keep in mind going forward; it is our understanding that many homes built prior to 1939 used sandstone foundations and obviously older "cloth type / knob and tube" style wiring.1940+ homes builders started utilizing cinder block foundations and bx wiring, which is as mentioned a ground wiring system.All the best

Thus allowing me to focus more of my time and energy into investing in my brand/ building my own businesses.Obstacle: Currently I am on the hunt for an experienced FHA lender who accepts credit scores between 600-620 (due to having less than 2 years of established credit history and 2 accounts in collections, one is completely paid off but remains on report, the other is from school and is only $991) To build my credit I have 2 credit cards, I only utilize 10% monthly and pay in full & on time.

And, your downpayment if using a FHA loan would be 3.5% - I believe the terminology used for this strategy that I've read on BP is called "House Hacking" - Try to search and read some articles on BP about House Hacking as that may be an option you can utilize in your market.

Also, based on market research, many rentals in the area have tenant paid utilities.  

The issue we find common is that the buyer wants to pay as little as possible and will utilize the agent to facilitate that.

I look forward to interacting with others here and learning as much as I can!

I'm sure I'll interact with you, and many other key members I've read posts from thus far on my journey. 

Hi everyone,I found a deal that can annually generate $17k annually in rent, @ 100% occupancy, AFTER taxes, mortgage, maintenance fees, internet, utilities, etc.Plan: Master Lease Option property with a downpayment ($15K) from a private/hard money lender.

Does the landlord have to pay for the utilities or is there a way for the tenants to pay?