Expenses

[Jennifer Fernéz]

Could someone give me an idea what types of expenses, other than repairs, that come with owning a rental property?   For example, is there home owner's insurance and how much is that a year?

Also, is it better to have a lower mortgage and the tenant pay heat, electric, etc, or is it better to have a higher rent and for me to pay those things?

Last - any tips in general you wish you had known when it comes to expenses and landlording?

Thanks!