Not the nicest areas, but nice enough.. and I would be looking for minimal cashflow, banking on appreciation. 

Some are led by seasoned investors with a wealth of knowledge, while others may be run by people with minimal experience.

It ensures you’re bringing in responsible tenants and minimizing risks.

I love the idea and its really quite nice because the costs are minimal and upside is huge.

The real issue is that they didn’t have a plan to monitor usage or set up protections to minimize costs during the eviction process.Ideally, the PM could’ve done things like:Limit access to unnecessary areas to reduce power use.Install smart thermostats to keep heat at a safe minimum.Request a utility cap in court during eviction proceedings (if allowed in your area).Bottom line: It’s less about the utility switch itself and more about proactively managing costs once the tenant overstayed.bro what? 

With a low 4.75% rate but minimal cash flow ($50–$125/month), your equity could likely work harder elsewhere.

They pay a minimal interest (around 4%) on account balances, and you can categorize transactions (much like Quicken if you're familiar with it).

To minimize delays, it is important that you get approval to be a section 8 landlord from each housing authority.

The taxes can make things difficult, but there are some things you can do to minimize their impact.  

At the most basic level a good deal makes you money with minimal cash and effort.