Set a utility usage cap that is stated and agreed to in your lease agreement.

They had a lot of contacts on the property on zillow, so I am assuming the PM was just not following up quickly and loosing applicant, but it is making me nervous about the deal.

Quote from @Michael Evans: What steps do you go through to secure vacant rental properties in rough neighborhoods after a tenant leaves and you're waiting to turn the property over?

ended ended up at retirement with 0 - $500,000 in net worth from real estate investing.  

If you are both not fully on board, your spouse will resent you because this was not his/her idea and you are still living on concrete floors or sharing 1 bathroom, etc. - just the inconvenienced existence of fixing up one project at a time.

Following the installation of a new water meter, I received a true-up for the previous underbilling.Since the meter replacement, my water usage has increased by approximately 20%, and I am now receiving monthly bills instead of the previous bi-monthly statements.

I would like to ask one important question.

I am going to have to have my realtor make an addendum to the lease. the tenant has been paying for utilities up until this point. has anyone ever been through this?

cash How did you add value to the deal?

It's all about risk in the event of a lawsuit, which can also usually be covered by insurance.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.