This happened a couple years ago and i cant imagine the tenant having a valid contract.

Asking price..850,000GR.....75,600...No vacancy added 10% for vacancy....75600-7560=68,040Expenses...26,879.15...not showing management....Insurance......Gas 
Took 50% of adjusted gross income 
Which equaled..34,020 The cap rate with the price of 850,000 and NOI of 48,721 = 5.7%.

When you ask most Anericans would they rather have the gas tax indexed to inflation or increase the depreciation life real estate investors can take, I don't have much doubt which one they would choose.Don't think I'll get votes on this post as people don't want to hear this (including me), but it is just my 2 cents on the trend to expect.

Where we are located, the city requires the water/sewer bill to be in the landlord's name, so the students pay the landlord the rent, water, sewer and trash and then the students pay the electric, gas and cable/internet directly to the utility company.  

She is requesting that I pain the kitchen, repair chipped Formica on countertop and Formica that is coming up on counter and also fix or replace hood over gas stove.

Avoid people with poor pay history on utility companies (power, gas phone).

The only concern he had, which was valid, was lawsuits.  

Your license can only be active (usable, valid, in effect) when it is with a broker.  

There are openings in the upper west exterior walls where electrical conduit was removed.10.The stucco in these areas has not been repaired to prevent moisture penetration and deterioration.11.The front unit has issues flushing the toilet, which was confirmed with a tenant, so camera scoping of the drain pipes was performed that revealed damages and blockages in the pipes.12.Deferred maintenance on multiple items: cracks around windows and pipes, gas pipes are not supported, pilot lights in heater units were not lit, a water heater unit has no ventilation.I hired a plumber to scope the pipes (please see his report in the invoice attached and photos); a roofing company was hired to assess the damage to the roof above the middle unit only (please see proposed work sheet); a general contractor has inspected the settlement of the wall in the second unit due to the damaged frame.

Tax lein and gas $17,000 in the 44105 zip code.