If the tenant doesn't move after receiving the eviction notice, there are a series of steps you need to go through to get them out (and it can be a lengthy process). 

In addition, all Rent payments hereunder not made within five (5) days of the due date shall bear interest at the rate of one and one-half percent (1-1/2%) per month"The monthly rent is $1550 so the late fee is easy - I've set the account to charge 5% if the rent isn't received within the 10 days stated ($77.50).

I have 0 experience ground up construction loan program nationwide that does NOT require GC to sign anything, only provide proof of 3 C/O's (certificate of occupancy) over the last year I.e. built received occupancy permission now unit is on market or habitable. 700+ FICO I can get you 80%LTC loan to cost on the project on ground up construction for 1-4 units.

These are professionals with additional training and a stricter code of ethics.

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.

These are professionals with additional training and a stricter code of ethics.

Does anyone know of a calculator where I can plug in the additional yearly pay down along with the appreciation rate of my area? 

I would love to receive referrals for loan officers here in Knoxville.

Thanks for any additional input you have time to put forth. 

Additionally, it's a good idea to connect with a Property Manager early on.