Remember: Insurance companies want you to pay the bill and when it comes to their turn, will do everything they can to NOT pay.I would get clear on that piece before proceeding further.

Disclosures: this post is an anecdote about a Raleigh NC property for illustration purposes; the numbers presented are actual numbers from my Quickbooks report; the Rent-O-Meter price, T-Bill rates (in the links), taxes, insurance, and PM fees will change over time. 

@Bill BrandtYeah, of course.

whereas most people do not respect utilities that they do not have to pay for the utility bill could get expensive in my opinion.

You’re looking at turning a $500k gain from tax free to a tax bill in excess of $125k.

I did pay him by the hour once to finish a punchlist and it was $15 per hour.He's done so many jobs for me that I tell him to just do the work and bill me when it's done, but he prefers to look at it first and give me a range.I have a work comp policy since the guys that I hire are ringers.

Look for some proof that the items are coming from the neighbor, then present that evidence and a bill for the tire repair.

Keep in mind separating utilities so each unit has their own is an entirely separate factor you'll want to take into consideration other wise the bill gets put onto the landlord if you don't have things separated, over time that becomes a huge expense.

How would you split 2 electric bills into 4 for all the tenants? 

Are you able to get all of your policies on one bill?