Is there a separate water/electric/gas meter?

Through the years I made improvements, but by 2005-2006, it needed new electrical, plumbing and 3 new bathroom, probably running me $50K to $100K.

Ft.Lot size = 15,002.06I'll need to add heating and cooling; currently window units.P&B construction for the houses and duplex, slab for the studio.Total projected gross rents= $750 Studio+$950 Unit 1+$950 Unit 2.The whole project would be a value add: windows, bathroom, update kitchen, furniture, solar panels, water purifier.I'm considering adding solar panels - would mean that I can charge for my own electricity sense I would be the power company.Property Management fees = 7% (wholesaler/broker number).Projected Vacancy Rate = 5% (wholesaler/broker number).CapEx = 5% (wholesaler/broker number).The military gets their BAH/BAS evaluated every year and it goes up about 2.5% based on the market conditions.Property growth annually would fit in to a 3% number as its not the fastest appreciation market.Your annual expenses should be about 1.5%-2% depends on how well of a job is done with the rehab.P.S.

It will need an entire gut with new electrical, windows, plumbing, etc. 

This allows the tenants to pay for electricity themselves. 

When we close on a new rental property, we plan the first weekend after closing, have materials ready to go, and hire workers, like we have a guy who works for a painter during the week that will come in and plaster/paint the more difficult rooms while I paint the easy ones, my husband is great with electrical, we both do the little stuff like caulk, clean up the exterior, while a handyman is there changing out a toilet or other items we just don't want to do, and Lowes is delivering any appliances. 

Same with the electric service.

I know in Annapolis, MD, and Vancouver, WA, tenant received the bill but we were sent copies of water bill, and I believe the electric and gas as well in Vancouver. 

Gas or electric stove?

I'm going to also note that the bathroom has no electrical.