I love that MTR turnover is not as frequent as short term rentals and there is usually higher opportunity to cash flow each month, although there are added expenses such as utilities, lawn or hoa fees etc., to account for.

In all reality it won't make you any money but it provides an amenity to your renters and will cover the expenses for the utilities it uses.

But you also have to subtract utilities, turn costs, starting items (kitchen and cleaning items you give them), and furnishing upkeep/maintenance.

The author and article suggests to utilize the climate risk data before committing to an investment and be familiar with specific risks in your area—whether it’s floods, wildfires or heat waves.They recommend these valuable tools to assess these risks:FEMA National Risk Index – Provides a comprehensive overview of natural hazards across the U.S., including floods, earthquakes, and severe storms.USDA Wildfire Risk to Communities – Offers detailed insights into wildfire risks for homes in specific regions, particularly useful for properties near forests or dry areas.Risk Factor – Analyzes flood, fire, and other climate-related threats for individual properties, giving you a risk score.Climate Check – Delivers property-specific climate risk ratings, covering heat, drought, fire, and floods.Do you consider environmental factors like flood and heat when investing?

If you have 4 or more units, you have to prove that utilities are current, and every year you need to get a HVAC Certification.

You would utilize and bridge loan to build the asset and stabilize thereafter with a DSCR product.  

Will tenant still have to be responsible for utilities?

First post!  I'm looking to buy a condo so I can rent it to my daughter and a roommate while in college and then continue to rent it out after she graduates.  The condo I'm looking at just posted for $135K.  For fundi...

There agreement was fixing the place and make the repairs in Leo of rent, but pay the utilities which he hasn't.

I pay all utilities and make them pet friendly.