Electric: is the easiest to split, but may require holes cut in walls to separate the units.Gas: gas lines aren't as flexible as wires, but it can usually be done affordably.Water: most cities will NOT install additional water meters on a property.

Vacancy hurts a bit more, but the biggest issue with renting out large homes is turnover cost.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

One of the biggest time sucks can be finding & screening a tenant!

The biggest detail is look for a nationwide bank that is full delegated with little to No overlays.

Do both cities zoning make it very hard to build 2-4 unit properties? 

You also mentioned meters, do you have to separate meters, get approval from the city and pull permits?

Still waiting on payments to start with the city of Memphis. it was supposed to be October 1st but I haven't seen anything yet.  

Absolutely, the passive income from owning rentals is great but I also love getting into big projects and seeing the transformation from start to finish@David Jesperson What city/market are you looking to buy and what type of properties are you looking for, SF, 2-4 MF, or 5+ MF?

I’m naturally inclined toward this area because it’s within driving distance of major west Coast cities (L.A., San Diego, and others)—making it feel like a “natural” choice for a regional traveller wanting to get away for a short weekend.