If the water bill is $100 a month, increase the price by 20% (or whatever you decide is fair) to compensate you for the time required to split and bill and to cover additional use when tenants squander the utility.

@Melissa Sejour a good property manager will give you a lot of information that you care about.

I also recommend you start looking for a professional property manager, at least until you educate yourself enough to run this solo.

You’ll face hurdles like maintaining a steady deal flow, securing funding, managing renovations efficiently, and optimizing your exit strategies.This guide highlights key strategies for investors looking to transition from single deals to a scalable, volume-based distressed property investment model.1.

I joined with the intent to surround myself with others in the field and build my confidence and understanding of the subject matter (:I live a disciplined lifestyle when managing my expenses and living below my means.

Great place to meet other investors, agents, property managers, and contractors.

You will need to look at all the numbers in your underwriting spreadsheet (let me know if you need one) in both scenarios to decide.

Lenders, Investors, Hard Money, Partners will focus on experience and risk, so bringing value by finding great deals or managing renovations, can help you break in.Keep refining your approach and connecting with the right people!

This one might need a house manager in a few months so some chance to live cheaper in exchange for managing the house. 

For the majority of the properties we manage for our clients, we pass the yard responsibilities to the tenants.