Also if the electrical or plumbing issues happen outside of few feet of your unit, then its not your responsibility and HOA reimburses you the cost.3) Better amenities.

I caught the REI bug long before my wife did and she was initially very much against pursuing this type of investing...it's both of our money after all.

Then break down the rehab tasks into the basic components (plumbing, electrical, HVAC, sheetrock, paint, cabinetry, flooring, etc) and get a feel for how much you spent to complete the level of finish you're accustomed to.

If they are not most people do not live without electricity and water so this would be another indication that the property has been abandoned. 

The only subs we need are plumbing and electric.

Although the floor plan would be best if we removed some walls from the kitchen and opened the space up, the extra cost to do so (given that HVAC ducting and electrical run through the wall to the second floor) is more than we can justify for a rental.  

Thanks for your mail, i am indeed serious about renting this unit and will be willing to offer you two months rent or a year to start with plus the security deposit in order to secure this unit prior to my arrival.Could you be kind enough to let me know what the electricity/utility cost would be ?

I think advances in telecommuting, the electric car's increasingly growing range and cheapening mileage costs, and of course autonomous driving technology will continue to change the game a lot for commuters.

Would be willing to pay more if it has electric / well / septic already on the property. 

In 2011 we got the bug again and bought another flip.