High efficiency appliances were utilized including HVAC, light fixtures and water heater.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

Can you tell us more about the water damage you got? 

Since electricity and water is included in our rent, we also have a clause stating that if the monthly bill doubles compared to the month-comparable bill from the prior year, then the excess will be assessed as a fee.

They have all utilities on the property so we use electrical and then every couple of weeks we run a water hose to an external tote we use for our water.

For example, do you have water heaters that are going to fail and flood your place because they are 20 years old?

In my opinion, anything that's not QuickBooks or Xero is just a watered down accounting software.I made a video about this on my YouTube channel, BP isn't letting me share it but PM me and I can send you the link

@Tosin Oluwatoye a good way to test out your location is to put the concrete pads down, add a 30/50 amp outlet and water line, and then rent out the pads to people who already own their own tiny houses.

Do you pay utilities (electric, water) and mortgage through Baselane.

Later, we stripped off the old patterned wallpaper inside the house and saw that the walls were covered in water stains.

We had a client with a warranty who had a failed water heater.