Turns out, the only thing historic about it was the amount of problems I inherited.

I find it hard to believe that leaving the lights on would amount to $250. 

This can lower your tax bracket potentially and you earn interest on the income you would have normally paid Uncle Sam.10) At the close of escrow, move funds outside of the taxable estate to avoid the 40% estate tax on amounts over $11M single or $22M married couple.

If electing S Corp status, pay yourself a reasonable salary to avoid IRS scrutiny.To be honest with you, you don't need any kind of Corp for tax savings unless you reach a certain amount of net income.

After I placed the 5 day notice on her front door, she text me the next and said she would pay the full amount so I told her to go to the bank and deposit it and she did so we are back in business.

Either way...... gotta love The Heights......people will pay that amount to rent .,,,,,, instead of building wealth

I just work the amount into my pricing.  

Adding the current mortgage and utilities would be roughly $1,350 resulting in a profit of $650/mo.That a pretty good amount of profit/cash flow to apply to your mortgage on a larger house.

Base the amount of podcast I watched, I know it's very possible but with limited finance, it seems out of my reach.

If it's just a two-family, or really with any amount of units, I would send the same notice to all parties so it's clear that it is addressed to everyone (even though it's because of one tenant).