Gas is another way to illustrate this.

I am currently going through the process of converting from oil to gas on a 3 family rental building and trying to figure out what is the best approach.

It's not a BRRRR and I will end up having to sink a fair amount of capital into it, including converting from oil heat to gas in order to get the tenants' utility bills off the books.

labor/Material rough estimateFlooring(labor) : 2500Flooring Material: 1.5 per sq feet + paddingKitchen - 3000Cabinet & counter top ( see/select home depot website)Bathroom - 3000Tile + Tub and fixtures ( see/select home depot website )Electric - 1500 ( inside unit )Electric Materials ( see/select home depot websitePlumbing - 1500 ( inside unit kitchen and bathrooms )Plumbing Supplies see/select home depot websitePainting - 3000Paint see/select home depot websiteWindows ( replacements ) per window $450 all includedCleaning - $350 final cleaning Trash Out -$500 ( includes dumpster and dumping fee )Appliances - 2000// Total (without materials): 18’700 From Inspection Report Labor ONLY 3.3 - Repair gutters - $475 5.4 - Exhaustive fan (kitchen) - $3505.7 - Dishwasher - replace ( $450 )9.3 - water heater - fixed and fixed all the leaky gas lines - 2K10.7 - replace all outlets - $25002.9 - Insulation not present (basement) - 4.1 Damaged drywall (wallboard contractor) - $ 7504.2 - Wall - elevated moisture leaking window - replace window ?

How can I find good esimates for what I should put for gas, water, and garbage?

Columbia Gas in Ohio charged me for my tenant's last month of service by sending me an invoice with a new account number under my name to my home address. 

ACtually, this property already has water/sewage/gas/electric hook ups along with a 2fam building permit for either residential or commercial--in this area residential makes more sense.  

Gas, food/ drinks, entertainment, rents, services, etc.

As long as you are doing the eviction legally and by the book there is no problem.What I find crazy is how now that elections are coming up the city is "buying votes" through giving out free gas gift cards, etc. instead of just cutting city gas taxes :X but that's chicago politics for you. 

Sounds like you are looking at Princeton.I think it is a consideration....no matter where you're looking.Especially with gas prices.Might be a good idea to buy within walking distance of schools.