There are a lot of expenses under the current operation: on-line advertising, housekeeping, supplies, insurance, maintenance, internet, Direct TV, utilities, etc.  

My target is to utilize the BRRRR strategy and find distressed properties to build equity since I work full time in a different field as recommended in the Greene book.While looking for houses in my local market, I've seen a few houses that need work and I'm looking for guidelines or a playbook of sorts on what rehab projects are best to add equity to a house. 

I highly recommend utilizing virtual tours for the time being.Due to many people losing their jobs and NY's already tenant-friendly laws, we have been recommending our clients consider filling their vacancies with Section 8 tenants.

Ensuring utility access is available or close enough it won’t be a financial issue is super important.

Have one investment property.Im moving to a new market that I know decently well, looking to utilize an FHA and house hack with roommates. 

The REO title companies often don’t search for “unrecorded” liens (code violations, utilities, etc) and they exclude these in the B Exceptions.

Do you think there will be a break for landlords on taxes, water, pollution and other utilities paid by the landlord?

Todd, this house looks to cash flow around $700 after mortgage, taxes, insurance and the portion of utilities id be handling.

@Marshall Shen On a single family house, unless you are renting individual rooms you won't have utility expenses. 

One area you could have wiggle room in general: does the LL of the $500k comp pay water/sewer/trash or any other utilities?