As for property taxes they are not specific to an individual or entity; they are specific to a property.

I created the following decision tree to simplify the process.Ultimately, the decision to use a 1031 exchange or refinance and take out equity depends on your individual circumstances and investment goals.

I do not know if your area has any rules against this for SFR but what we have done in the past from a marketing POV is to only bill 75% of the cost so that the tenant feels that they are getting a better deal than individual meters.

Anderson, a trusted individual, your corp/llc?

Thanks Nathan, do you have any contacts or info for collection agencies that will take on individual debts?

Over time, I’ve been quietly absorbing knowledge from the talented individuals here.

Your approach of setting up separate LLCs for each property under a holding company is a common strategy to limit liability and protect the equity of each property individually.

You can treat each unit individually in charge, I would suggest, whatever the market rate dictates.  

We’re not an attorney state so they know very little about navigating the transaction process itself, only when things go sideways do they get involved usually or sometimes high net worth individuals or people from attorney states like to bring them in for final contract review, but they aren’t doing a buyers agent’s job by any means that’s for sure.

Hello Jedd - thanks for the response.The 3 units are currently all supplied by the same line but a plumber is looking into what can be done to isolate each individual unit from that main line.