If I had 100 doors, would I expect a $50,000 bill?

That raises rent for those who do pay their bills on time.

Quote from @Bill S.: @Adele Tegger the way I understand the law, it would not impact a mid term rental unless the person lives in the unit for longer that 12 months (ie they extend their stay to the point that they have occupied the property for more than 12 months).

Next year, I expect the the tax bill to be around $15000 as it is an investment property.I didn't see too many people talking about this topic in Florida.

@Bill Brandt Thanks for that info Bill.

Insurance rental license once per year water bills since Section eight doesn’t cover that on duplexes with 1 meter.

Quote from @Bill S.: @Katrina Schmid so there are a number of resources. 

It depends on the condition, but if it passes a 4-point inspection, I would definitely go for a novation first because they need help with bills, so you could probably support them with that while getting a retail buyer.

Of course the new bill allowing us to possibly sell off either property is enticing but not sure how to value that either.

# of TOH x Monthly Income x 122 x 400 x 12Annual Income = 9600Subtract water:# of TOH x $50 water bill/month x 12less $50 for water each = 12009600 - 1200 = 8400Applied expense ratio @ 35%8400 x .35 = 29408400 - 2940 = 5460Cap at 8%5460/.08 = $68,250Did I do my math there right?