This lot includes a foundation stubbed for electrical (underground)/plumbing/sewer/water etc. the former property was deemed a total loss in a house fire and the prior home owner cleared and stubbed the foundation (slab on grade).

one water heater replacement blows your cash flow for almost an entire year (although maybe you've accounted generously for capital expenditures like this). 

Friend of mine told me that the HOA fees with a condo of his includes utilities such as sewer, garbage, and water.

I am in Portland OR and this is right on the water.

You've got this.Bring printed applications in case they want to fill it out thereHave food and water. 

Again, you'd want to refer to the lease to see if you are allowed to charge TICAM, which is sometimes referred to as "additional rent" in the lease.NNN expenses for a landlord could include landscaping, parking lot, roof R&M, HVAC (based on the lease sometimes the tenant is responsible for up to a certain dollar limit in a 12 month period and then the owner is responsible for above/beyond that amount), exterior water proofing, management fees, general & adminstrative, etc. 

For example I didn't need the 20ft ceilings or 3car garage or water fountain in front. 

I am redoing by basement bathroom that was water damaged.

Just depends where you are looking as you may be close to homes on the water.

It's my understanding that a pace loan can appear to be 48k for solar but I think there are ways to add other things in too like low water use landscaping.