I have a duplex with one meter and I use a Sense (https://sense.com/) device to monitor the total KWH that the upstairs unit is using I then take the electric bill and split the bill up based on the amount of power drawn by the upstairs unit vs the total usage.

@Harish PasupuletiTurnkey properties are attractive due to their low barrier to entry, especially for new investors, but they also have the extreme negative of eliminating your ability to build immediate equity through reno.

My goal is to avoid luxury or extremely expensive communities, as I believe the rental income wouldn't justify the high property prices.I'm particularly interested in up-and-coming neighborhoods with significant potential for property value growth.

Cold Calls - I find this extremely draining and it comes out when I do call.

ADUs can be extremely difficult to structure since they are usually on the same parcel/parcel number.  

It is a way of building long-term wealth by using the power of leverage to hold wealth-building assets long enough that they eventually pay for themselves, thus giving you the ability to use other people's money to acquire assets you could not have acquired otherwise.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we have data on.PM us if you’d like to discuss this logical approach in greater detail!

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

In a full gut, I upgrade the panel to 200 amp service just because the requirements from power now, is a lot different than in 1955.

Thank you for this extremely helpful response @Robin Simon and I'll be sure to check out those resources!