Overall it makes you a better property manager controlling your utility and the bills with it.https://remforce.com/base-boiler-kit/Lastly, I take this approach because actually metering people doesn't work for me in my business planning or this neighborhood and clientele.

One is strictly investment, where the neighborhood/location is not important just the potential for upside and low cost living.

I have kept track of all my expenses in an excel sheet/word document but feel like there may be a more organized and efficient method to tracking?

Also, if you have any local Senior Support organizations, they may have a long list of families looking for senior living.  

Go to the neighborhood at 2 in the morning and see what is going on.

Purchase price: $925,000 Cash invested: $200,000 13 Unit Multifamily property in the Waveland neighborhood of Des Moines, Iowa. pre-acquisition: 7% under MR and 15% vacancy/bad debt.

I live in San Francisco and bought a triplex in Cleveland, Ohio in a Class C neighborhood. 

I'd love if the property would cash-flow after we move out, but the neighborhood and appreciation potential is the biggest concern for me.

Purchase price: $164,000 Cash invested: $10,000 Sale price: $260,000 I purchased a townhome in an up-and-coming neighborhood with a lot of public and private investment in the Atlanta area.

Pretty tough to get a B home in a nice neighborhood to meet the 2% rule.