Don't forget the electric, water, sewer, gas bills you will be paying during the rehab process.

Dogs and cats pee on laminate, hot-water humidifiers leak on it, kids start wet-mopping it when they spill something on it that they don't want Mommy to see, tenants turn off the heat when they go somewhere no matter what you write into the lease, and the stuff swells at the joints.

A family of 3 moved in and now the ceiling in the bathroom below has been leaking off an on.

There is only one electric and gas for all the tenants.

Why spend hours and gas money driving around to build this "super hot" list and chance you don't make contact? 

You are also obliged to have heating in the unit, but that doesn't mean you need to have the gas bill in your name...?

However, after discussing more with the realtor it was disclosed that the landlord was responsible for water and gas, which very much destroyed the cash flow I thought I had.

Recently purchased a duplex that has separate gas/electric meters for each unit, but only a single water meter serving both units. 

The house has natural gas lines running to the gas furnace, the kitchen and the laundry room. 

Hey everyone,I've found a potential property investing in through craigslist and I had a few questions regarding it.Here are the details:Triplex fully rented: ASKING $479,000 - 3 Bed 2 Full Bath (rents for $1200) - 2 Bed 2 Full Bath (rents for $950) - 2 Bed 2 Full Bath (rents for $950)They say that the tenant pays for cable, electric, gas/propane and the landlord pays for insurance, mortgage, property tax, and trash.