In addition to being taxed on the distribution you would have to pay the penalties, in some cases depending on the amount and tax bracket I've seen folks lose 40-50% of the amount they pull out.

Offer them the idea to start renting their property on Airbnb and you can be their Co-host for a percentage of the profits (automatically distributed on app).

Can I average out the electrical bill for all 7 and make them pay 1/7 of the bill or... let's say the bill is $700 usually, can I put in the contract that anything over $700 is evenly distributed throughout each unit?

Warehousing and distribution is growing in that area with there being a Walmart and Lowe's distribution center there.

Concord and that little airport and the Amazon distribution facility have got to have created some SFR buy and hold opportunities.

The remaining balance would be a taxable distribution, right?  

Did you put two units in any room just to get better distribution?

They both lied and cheated.The last one I fired distributed only a portion of rent recorded in their rent ledger.

.#5 Practice, Practice, PracticeWalkthrough potential rehab properties (or find properties virtually online) and practice creating detailed scopes of work, quantifying repairs and estimating rehab costs for the projects.Once you get some experience estimating costs or get a few rehabs under your belt, you will be able derive your own 'formula' that you can use to quickly estimate costs and analyze deals.  

An appraiser can look at those net energy cost savings to derive value.