I plan to put a $600 utility cap in the lease.

It all depends on the work you/your clients want to do to create value and the overall game plan.

I will preface this with the fact that I have a legal background, specifically with estate planning and asset protection.

Scope of WorkThe Subcontractor agrees to perform the following work (“Scope of Work”):Detailed description of tasks and responsibilities.Exclusions: [List any exclusions here].Materials to be provided by: [Contractor/Subcontractor].Reference drawings or plans: [Attach if applicable].2.

Overall, you're spending $25k in extra costs and a monthly pmt that's $500 higher to keep $50k in your bank account. 

But as often happens, a certain percentage of my investments “go off the rails”, in other words don’t proceed as planned.  

So when you need to go check on things, rent units, meet contractors, etc, you're jumping in the car for 6 hours, spending 1hr there, and I'm thinking after a full days's work. 

As with any business plan, the pro forma is only one page.

By adopting the house-hacking method—living in one unit while renting out the others—we plan for the tenants to cover the mortgage and gain valuable property management experience.

Below are the Invelo plans and perks: Free Plan receives $50 wallet creditStarter Plan receives $50 wallet credit and 15% off original plan subscription costGrowth Plan receives $100 wallet credit and 15% off original plan subscription costProfessional Plan receives $100 wallet credit and 15% off original plan subscription costSkip tracing is available in the platform for all plans and the pricing can be found here (please scroll to bottom where it says In App Pricing.