Purchase price: $465,000 Cash invested: $80,000 Checkout my Airbnb here: airbnb.com/h/madeirabeachoasisSalt Water Pool & Hot Tub: $60,000Tiki bar with electrical hookup: $3,500Mural: $1600Interior Furnishings: $6,500Exterior Furnishings: $1,500Monthly gross booking revenue: $8,000-$12,000

@Sharma Parth the company is out of Arizona and in 12 markets.Just a few years ago, Flint had a major crisis due to lead water line poisonings.

Called my main guy this spring for some work.

:)As for LTR rental terms, usually we sign a 1 year lease where tenants are expected to pay Electric and Gas if applicable, while the owner typically pays water/sewer/trash with the city. 

@Marc Robinson what's the lot rent, who pays what utilities and what's the source of the water and sewer?

All water, sewer, and electrical infrastructure is being replaced.

You said public water was available...would the lots require a septic system to be installed or is public sewer available? 

Your PM replaced the water heater because it was leaking.

On top of that, the water pipes are on the ground, which is not allowed; they should be run inside the walls.

Without solid knowledge on this subject, you can easily end up in hot water.