@Larry Nielsen Sounds like a very long term tenant if their rent is that low and they've been reaping the benefits of it being low for at least the past 3 years.

Adjust accordingly! 

If it's not included in the rent, many companies charge a flat fee to monitor & pay utilities.2) Assuming you're referring to resident benefit packages, renters insurance, and other charges for services the PMC offers to tenants. 

It will familiarize you with the basic terminology and benefits.

From the homes we manage here in Central Florida any benefit of your utility bill is negated by the financing of the panels.

You should speak with your accountant first to make sure a cost segregation will benefit you.

As @Matthew Porcaro says, a big benefit of house hacking is that you are living in one unit and renting out the rest.

They have had talks about letting us approve members in the future but I'm not sure if it will happen or not.For us the benefits of higher cash flow outweigh the costs of evictions when they do come up.

I don't know your adjusted basis, so maybe the estate tax burden will not be that great. 

There is a lot of grey area on this site, as there is on most sites, and in the interest of wanting to be fair to posters and not be ridiculously heavy handed, most mods will give posters the benefit of the doubt on the front end, maybe with removing a post and a warning or something similar.