Good advice below.
A few quick thoughts:
Regarding utilities, unless it's customary in your area for landlords to pay them, don't. Have the tenants pay. Two reasons. First, if you were a tenant which would be more appealing: "$2,000 for 4 bed/2 bath home . . . . blah . . . . blah . . . blah . . . plus utilities." Or "$2,400 for 4 bed/2 bath home . . . blah . . . blah . . . blah . . . includes utilities." Many people do an initial "cut" based on price, and by including utilities you may be pricing yourself out of the market. Second, you'd be surprised how much in utilities tenants can use when someone else is paying. So, clear answer: They pay the utilities.
Regarding how much of a loss, check with your accountant to determine what your after-tax loss would be. I'm not an accountant so this isn't accounting advice, but in many/most cases those losses are tax deductible. So--just making this up--if you actually lost $2,000 in a year, your after-tax loss might possibly be closer to $1,400. Also, on a rental you can depreciate the structure, which is an added benefit to you. Again, check with an accountant.
Then--though nothing is certain--you can project ahead for rents in upcoming years. Basically, you might be able to raise rents slightly each year, thus narrowing your losses. And if you hold on long enough, you might achieve a positive cash flow. Also, Dp2's suggestion is good: If you do plan on selling the property, you might consider offering it as a lease-option. That could bring in some additional monthly income for you . . . and help you find a purchaser.
Hope that helps.