Like a college student who’s majoring in design or something.

There is a system we use called RUBS which is RUBS or Ratio Utility Billing System is a method of calculating a resident's utility bill based on occupancy, apartment square footage, number of beds, or some combination of factors.

I'd also appreciate input on these other two factors as well:Are there any other fees to run a property as a rental in Springfield?

Hard money is alot of money to factor in especially if we cant refinance for some reason.

I think once you factor in vacancy and legal expense (which I don't see), you would be closer to that $15k.A class C building will probably wind up higher on the maintenance side. 

@Michael SetuainHere is the current regulation here. https://louisvilleky.gov/government/planning-design/short-term-rental-information

Also you should think about management fee and factor in vacancy, taxes and insurance.

Some of the factors that may influence your decision: extensive presence of a particular asset class in the area where you reside, or where you’d like to reside.

First you will need to create a proposal complete with T-12 P&L and RR on your first 4 plex, then would need to show your design plans, zoning approvals and pro forma on the new 4 plex.

Some say it’s by design, others disagree.