Same seller for both properties4 PlexPrice: $130KThree 2 bdrm 1bth units, One 1 bdrm 1bth unit3 occupied, 1 vacant - (2 bdrm unit vacant)rents are $550, 750, & 750 - potential rent of vacant unit is $850 - 950/moGas and Electric are included in rent priceUtilities are budgeted with clauses in contacts that over a certain usage extra utilities go on the rentBudgeted Gas & Electric are $130/mo/unit for both utilitiesTaxes: $3462/yrInsurance: $600 - assumed to be going up after appraisalWater/Sewer/Trash: $137/moSteel roof just installed last year, siding have done on property, vacant unit has never been rented since renovation - completely new kitchen with new appliances along with an overhaul of the living room, bedrooms, and bath w/washer & dryer hook ups.30yr fixed loan @ $566/mo pymtDuplexPrice: $64900Two 3 bdrm 1 bth units - small bdrmsRents: $750/unit - both occupiedGas & Electric included in rent - same clause in contract as above - $135/moWater/Sewer/Trash: $78Taxes: $970/yrInsurance: $40030 yr fixed loan @ $283/moI think I can Net Cash flow this place around $200/unit/mo after I've set aside funds for maintenance and replacement reserves at around $300/mo total for both locations.

The conditional re-occupancy certificate says the new buyer has 365 days from closing to complete rehab the property and either return it to a SFR or acquire the permits to change its usage to a MFR.I told the closing attorney immediately that I didn't agree to these conditions, I no longer wanted to buy the property knowing the new information and I wished to back out of the sale.The closing attorney informed me I would lose my entire $150,000 if I didn't sign the paper.

I'm planning to roll out a three part series: income independent of tenants (tenant proof), aux income dependent on tenants usage, and aux income dependent on surrounding community.Done with part 1, just need to persuade Brandon Turner to publish it.

I am thinking there is some opportunity here to slowly switch electrical into tenants names or to bill them for actual usage. 

I suggest you look at computer, printer and claim % usage for your rental business.

I used the daily kwh usage x the average loaded cost per kwh (with all fees and surcharges included).   

Hi Mark, per my OP - the utilities are included in the rent (as in, I pay the utilities) - hence my interest in reducing usage/bills as much as possible. 

If you're creating a P&L by property for your own usage, you can certainly list those items as expenses.

.-800# for wire transfersRequirements:-Credit score of 700 or more-Employed, W-2 or 1099-Revolving credit card debt below 50% usage-No prior judgments or bankruptcy-Liquid assets and real estate a plusWe also have NO DOC Unsecured Business LOC approval in 2 DAYS!

If it's really old you can just buy a new one and sell the old one on craigslist. the new ones use less water but some people love the old high water usage toilets.The reason I say this is on old toilets you can replace one thing and then after awhile another thing goes etc.