(Builder's fee, permitting, utility hookup, etc)-Any valuable experiences relevant to my scenario that you wish you knew when you did something similar?

The main items ypu want to focus on now when running your calculator is the debt service (mortgage), taxes, insurance, maintenance, Capex (if property is in excellent shape and doesnt need any major improvements then this figure does not need to be quite 10%), vacancy (talk to PM), landlord required utilities (if any), lawn care snow removal (if applicable).

I rent out an 1100 sq ft single family home which sustained significant water damage to the kitchen in November from leaky plumbing.

Cash flow after 5% CapX, 5% maintenance, 5% vacancy, as well as estimated utilities divided amongst the roommates, is about $30/mo.

Some common methods are through strategies like charging extra fees for covered parking or reserved spaces, renting out common areas for parties or events, adding or increasing pet fees, sub metering utilities, and converting unused spaces into storage units that tenants can rent.TIP: Ensure you understand any services that are included with tenant rents and the existing sources of miscellaneous revenue, if any exist.

Seller will not turn on utilities for the inspection but signed in contract that they would.

I was going to do the line of credit but didn't bc I only get $55k and it will hurt my utilization bc I would most likely use it all.

No matter what metric you end up using, always remember it goes back to sustainable Cash Flow.

Self-storage is an investment that I am interested in utilizing already.

If you are seeking to invest the gains from the sale of your property and do not want to use the 1031 strategy, look for a passive investment with a sponsor who is utilizing the cost segretation/bonus depreciation strategy.