Hi @Joel McCloud, make sure to utilize the forum search.

., common area, bathrooms, exterior, etc.), a portion will be considered nondeductible since the repairs and maintenance are for you, personally, too.Hopefully, this helps and good luck with your new house!

For example around here sub 1% initial cash flow is common. 10 -15 years later that could grow to 2%+ or even more.

In CT 1-1.5 months was fairly common from offer to closing (standard financed contracts), as the offer submitted was on a Contract.

I tend to provide copies of utility bills for shared utility bils. 

if so, the focus on rent roll, your good credit, etc.According to what I saw on the VA website, you would be eligible for a VA loan for multifamily upto a fourplex if you lived in one of the units.Additionally, it is common for banks to consider the current rent rolls in the lending decision.

That's one thing I wanted to do right off the bat is start having tenants pay some utilities but gradually so they have time to either adjust or move out.

You need to contact the utility company directly and get the real answer rather than relying on seller information.Income is $1650 and expenses (mortgage and heat) are $1950.

Get the mortgage caught up, get a landlord policy on the house and utilize remedies as outlined in your default clauses if you wrapped it.  

I am in the Old Town area, very close to downtown, my rent is $1260 per month and includes most utilities and even parking.