Base loan size of $621,000.  

Regarding utilities, You could do based on square footage.

Just spend the next 6 months browsing these forums, listening to the podcasts, reading a few books.Then start connecting with local realtors, general contractors, and developers.Post any specific questions you have about the process here in the forums and you'll get answers within a few hours.

🎙️We’re looking for guests on the BiggerPockets Real Estate Podcast! 

The house is a 3b/2ba 1,895 sq ft home but an additional sunroom built in which brings sq ft up to 2,055 (based off tax records my agent found).

I'm particularly excited about exploring subject-to (SUBTO) deals and expanding my knowledge in this area.I'm currently based in the Dallas area and am eager to connect with lawyers who specialize in subject-to transactions.

I've been absorbing everything I can from posts, podcasts, and books to prepare me for the plunge.

I looked into PM services, and based on my calculations, 25% of my net cash flow is going towards PM (factoring their initial 75% one-time setup fee and 8% management).Also, there are no 1-bedroom apartments or condos in the block - only 1+ bedrooms available - not for rent but none present.

First thing is to know the local Law based on the Rental Lease that you hold.

Based on success, I will do more rounds...