I set aside 10% for maintenance/repairs and 10% for CapEx, but as I continue I'm curious if I should readjust accordingly each year or quarter depending on not utilizing those reserves.

You should look into the utility costs for the property (better gained by calling the utility providers than asking the seller usually), have the seller participate in an Estoppel agreement, and that's about it in my opinion. 

Do utility companies have any requirements usually on how far a pole can be from something like this?

Another thing to look for is are utilities split and also factor in lawn care and snow.

They didnt disclose the private water and sewer utility charge.

@Francisco MirandaTypically, house hacking is for people purchasing 1-4 unit properties; properties where FHA financing is able to be utilized. 5+ multifamily properties are usually going to require 20%-25% down while FHA financing on 1-4 unit properties will usually require less than 4% down.

It has its own separate heat & airconditioners with separate controls for each floor, but the utilities are all one electric, one gas and one water bill.

This was for a detached unit with bathroom, shower, kitchen and utilities connected.

It covers utilizing neutral thinking to gain control.

In better words, what is the best course of obtaining and utilizing OPM for a new real estate investor with little credit history?