So obviously I have caught the bug and want to buy more!

When a tenant turns over you still have your normal expenses - mortgage, taxes, insurance, but you now take on the burden of water and electric.

If that is the case, we ask the tenant to switch internet, electricity, and gas into their name.

You start as an apprentice, you study while you work, for a few years.Then you become a master electrician and can earn some good Money.Contact some of the larger electrical contractors in your area and ask them if they're hiring if you are interested in this. 

Year built3. year of updates (roof, plumbing, heating, electric)4.

Make sure you have a good home warranty insurance policy (for plumbing, electric, etc.). 

You can deduct a proportionate amount of your mortgage interest, property taxes, insurance, electricity, water, gas, etc. and you can deduct any expenses that are directly associated with the portion of the property that is being rented out.

Your right I will need a separate electrical system being that the current one is down there already (needs to be moved).

Depends on the scope of the project, but I'd guess yes if a more extensive project or your messing with plumbing, electrical, or HVAC.

Hello, before I give my story, my wife and I are looking for a 1-2 bedroom apartment we have a monthly budget of 1750, we both have poor credit, my wife Ariana, Graduated from Brown University last year, she will be 48 in May this year and is currently an Operations Manager II at kent hospital through Sodexo, she makes 75k a year, and approximately 4500 after taxes a month, she has no criminal history, as to our poor credit, we had to choose between paying our rent and electricity during covid, or pay our credit cards, we have never missed a rent payment, and have lived in the same residence for the last 4 years with no issues, we are looking for an apartment because our landlord wants to renovate his building. with that said...I am writing to proactively disclose information that may appear on a background check.In 2009, I was involved in an incident that resulted in a felony charge.