Think family-friendly, bachelor party crowd, traveling nurses, to luxury retreats.Competitive Market Analysis: Conduct an in-depth competitive analysis to help increase occupancy rates and distinguish your properties from the competition.

Your lease should be very specific about which utilities are included with rent and which ones the tenant pays for.

I had a back surgery at 34 years old, and ultimately I want to be passively investing, my sweat equity was the only capital i had to get started, so I utilized it well.I also became a licensed and insured general contractor in the state of Indiana and the income from contracting was used to further invest.

We utilize email campaigns and the response declines every year.  

Closing costs, commissions, property taxes, utilities, interest, and many more costs are always a factor.

I'm new to the investing world and am looking to utilize some home equity to make a purchase by end of year.

Can I deduct any expenses incurred throughout the entire year 2023 for that property such as utilities, insurance, repairs, mileage, maintenance and improvements?

If you still are unsure, have them send you a copy of their most recent (FPL) utility bill.

Plus covered garage parking and all utilities included. 

I looked into DSCR and spoke to a few lenders, but it seems I need to have 2 years of rental property ownership before I can utilize; I'm only approaching my 1st year of renting by the room, so I assume I'd need to wait another year before I can look into DSCR.