I’d suggest drafting a solid agreement upfront that covers everything—ownership percentage, costs (mortgage, repairs, utilities), how profit is split, and even exit strategies if one of you wants out.

I am covering utilities for the 1st floor and garden unit (for a 3-unit MFH rental)Any recommendations for a programmable thermostat where I can lock appropriate temperature ranges?

no I have not purchased the home yet -but I’m educated and working with a realtor who understands the process.1st- you have to be a recipient of a section 8 housing choice voucher /in the program and in good standing2nd you need to be in the rental unit and in the program for a year minimum3rd you must to be in a “participating housing authority” or PHA  because not all Housing Authority’s participate in this rent voucher -to -home mortgage voucher program4th it may ( or may not) require recipient  enrolling in an additional sub program called families for Self Sufficiency ( FSS) which has a class that teaches voucher holders how to use the voucher for a mortgage payment5th I’m working with a realtor who understands the process - has used it for dozens if not hundreds of clients. it’s going to be VERY hard for anyone unfamiliar with government processes  to get through it successfully. note I’m also utilizing  first time savings plans IDA‘s and local first time homebuyer grants and a USDA 502 direct low income Rural loan. and my own funds.All aid mentioned can be “stacked” to lower mortgage & create long term affordability.  

I fully intend to continue utilizing their services in the future.

Recently established I am here in hopes of learning as much as possible on the real estate side, as for that’s my long term goal.

Hey All - One of my tenants ran a load of laundry and forgot to put the disscharge hose in the utility sink for when the wash drains.

Enter real estate as a form of an asset.Real estate steps into the factor with two forms of strength: scarcity & utility.

The reason I ask is that depending on what financing option you utilize, if that bank requires you to close in an LLC then the 1031 exchange may not work. 

is the utility company threatening to shut off the water?

If you don't have it you can call your insurance company and ask them to email you the declarations pageRecent Mortgage Statement:2 Different Utility Bills: Gas, Electric, Cell Phone Bill, Cable, Garbage, any two utility bills.Copy of Mortgage Note all pages: Was included in your closing documents when you purchased the home.