Experience with Bulk Internet and Video?

[Nate Hall]

Recently, the company I work for -- a property management firm specializing in medium-sized multi-family complexes -- was approached by a representative from a large cable company. The rep is offering to sell us bulk internet and cable for a low price. We can take that and offer it to our residents (with our own mark-up) to add an extra revenue stream on top of our rent money. The price is low enough that we can undercut the prices of other internet and cable providers by a large margin and still make a profit. 

The big issue is that we have to pay for the internet and cable whether or not a unit is rented. While any rented unit now makes more money, a vacant unit now costs more. 

Does anyone have experience with deals like these? Did they work out or is it just a hassle? My boss is a little skittish on the idea and doesn't want to make a decision without some sort of referral.