I'd say visitors do usually use more power than you'd think but that does seem somewhat high.

While the heater issue adds extra stress, addressing it promptly will protect you from further fines and penalties.

This is from the BP rental calculator and is exactly what I'm wanting to see, just with extra payments each month. 

More traps, patch up holes, tell your tenants to be extra clean when dealing with food. 

Even if a property cash flows $500 per month usually this cash flow will be eaten up (when a tenant moves out, when something breaks, etc. )And I am asking other people for their experience, if they feel the same wayOK. 

It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

Also, co-living situations or top performing short-term rentals can produce a pretty high cash on cash return but again they are pretty active with a high turnover of tenants and guests unless you find someone else to manage them and then you are usually paying a good portion of the profits to the manager.But let's say that you have a job and are not interested in fixing and flipping or a high turnover type of investment and you would rather be a more passive investor.

Three Months ago, low to mid 6's were available.Rates are going to continually fluctuate but if you have a way to earn 10+% on your capital, the TIME you are not using it is going to cost you way more than the extra .5% per year will.You are walking over dollars to save pennies if you are waiting for the perfect rate, half of the people who held out on getting mid 6's were waiting for high 5's.

What I usually see is that they start with the average $/sq.ft of the sales price in the area.

They usually have a process for filing a claim with the city for damage caused by them, and they may be willing to cover it.