Tenants need to use caution when venturing out in inclement weather.

Every part of the country has differing climate and differing weather patterns.

In addition, some will forecast higher impounds since they don't know exactly what prop taxes will be.

The loses will carry forward so eventually you should recoup if you can weather the storm….and honestly it’s possible it could take 5-10 years.nobody will blame you for taking loses and selling.

Then look for the best weather and lowest taxes in the remaining areas where they don’t hate you.

.- Upon move out in Year 2, I'd be saving 8% of expenses for maintenance/capex items, 8% for vacancy and 10% for PM fees.Through that 10 year period, I will have no less than $18K in the reserves fund so feel comfortable weathering most storms of vacancy, repairs, etc.

I'm deciding weather to do a house hack with an FHA loan to get a lower down payment among so many other benefits to house hacking. 

Did you get any forecasts on rent rates in this area?   

Hi Doris: Our 1-year forecast is expected to be around 4.0%. 

The only ones who can shut off utilities are utility companies, no landlord can do that without liability, even utility companies have restrictions, like cold weather, in turning off services.