@Jared Carpenter $700-750 with tenants carrying utilities for this particular area.

Tenant turn over is consistent with industry average.

Any examples from any segment of the industry would be incredibly helpful.

This is not only pain when it comes time for utility bill reconciliation but also can have adverse smells from the oil tanks in the basement.

TaxesInsuranceMortgageLoan acquisition costs (settlement fees etc.)Utilities during rehabMileageRepairsCapital expenditures (detail what it is & cost for each because different life for each)Meals MarketingService / laborOther / misc.

I’m new to this industry.

@Jorge Ruiz I am a construction foreman in the film industry by day and a real estate investor by night.

Once you feel you have a good grasp on whatever strategy you decide to utilize to invest, then dive in.

Ditto what the others have said (usually tenants pay their own utilities), and require them doing so in the lease (especially if the house has gas on top of electric and water).   

Utilities are split at the duplex and the water and sewer are well and septic.