.- Underestimating utility bills.- THE BIGGEST ONE: underestimating or completely excluding vacancy and maintenance reserves.

This property is stabilized and producing great cash flow and providing double digit returns.

This at least would get someone else paying utilities.

A little background… I’m a 31yrs old special education teacher and my girlfriend, turning 32yrs old next week, is a TV producer.

I will try to utilize that strategy hope you don't mind if I send you an invite to connect. 

You always have control and nobody else, not even your attorney, can manage or sell your property except for you.If you need to prove ownership for financing or any other reason, you simply produce your company documents as well as your banking and accounting records.

What utilities does the owner pay, if any?

Since this was going to be a live in flip, we were hoping to get most of the dust producing parts of the rehab done before moving in, which we planned on for June.

During the process it was indicated by the seller that utilities were to be available onsite.

look at utilities and other added benefits you could upsell to your tenants, but it looks like you have a great deal, just screen properly and be professional firm and courteous to your tenants.