The deals are what counts most for any investor.

:-)The example you gave above is when you do a cash-out refinance within the 6 month seasoning period, and say you used a Hard Money lender for purchase, which still counts as mortgage.The key here is an all-cash purchase in the individual’s name. 

Larger apartment buildings initiate rubs (tenant utility bill back) which are usually pro-rated based on number of occupants, bedroom/bath count.

I am from Utah so I am looking for dependable and trustworthy people that I can count on even when I’m not physically there.

So we had a single applicant (not counting the one that pulled after we started processing their application).

As long as your contract gives you an out if there are surprises you weren't counting on, then many questions can be answered after you write the contract.

Often: the smaller the unit, the more frequent trun over- you probably pay for heat for all tenants- ownership expenses are fixed per unit and mostly a function of kitchens, bathrooms etc, income goes up with bedroom count - at the same fixed cost- your management cost is a fo=unction of tenant count.

When the job requires fishing you can count on 3 to 4 times the normal cost.Adding a receptacle with open studs can be tallied at $75 each, fishing that same receptacle could be estimated at $200. 

Going through the motions of creating a lifeless business plan just because you have to doesn’t really count.

Maybe only because it’s the beginning and once I get a team I can count on them it will be easier.