and one of the HD associates recommended Fusion Pro Single Component Grout as the grout doesn't require any mixing, is a consistent color, and doesn't require sealant.

They are similar, but cashflow can vary and it's best to know consistently what you are stocking away.As for figuring out who pays utilities, what you've been doing works with looking at other listings.

This is what I didExample: Home price: $200,000Loan: $150,0004.25% 30 year fixed rate after calculations, monthly payment: $434.375Rent payment= $550 * 3 people= $16501/2 are expenses ($825) + mortgage payment($434.375)= 1,259.3751650.00-1259.375= 390.625 as gross/cash flowPlease let me know if I am doing anything wrong or missing out on somethingIt looks like you reached your monthly mortgage calculation by multiplying $150,000 by 1.0425 then divided by 30 and again by 12.

It will consist of 80 houses and they will start breaking ground this fall/winter and start building next spring.

Only science gives CONSISTENT results.Hence, I started this forum post series to share with you BP Nation, my Science of Finding Deals.In Part 1 of this multi-part forum series, I talked about the concept of LEAD PIPELINES.

You need cash, credit and some experience to win in this game with any consistency.

Example:Heat is measured in BTU'sElectric baseboard or space heaters      $35.13 / per 1,000,000 BTU'sNatural Gas                                             $10.02 / per 1,000,000 BTU'sIt is 3.5 times as much multiplied by every month you are paying to heat the property.Here is a free calculator offered on the Department of Energy's website:http://www.eia.gov/tools/faqs/heatcalc.xlsI just wanted to make you aware of your options and any necessary information before taking on that monthly expense.Also, with a central system, you control it (WiFi Stat).

Is the interest rate consistent with standard conventional loans of 80% or did you pay a premium to secure the 100% financing? 

If you pay $495,000 then you are buying at a 7.8 gross rent multiplier.  

I was wondering if it is feasible for me to work on investing in real estate until I hit about $2500 per month in income, then pursue my dreams that may consist of not making money for a long time if at all.