If not then we would do an eviction.I assume you did run title to make sure you bought a 1st position lien and there are also no water / sewer / municipal liens or taxes owed on property.

Capital expenses (a new roof, HVAC, etc), maintenance (clogged drain, water leak, etc), and for vacancy. 

Water the heck out of it, when it stops raining. 

Then there isn't a middle person mudding the water.

The wholesaler and seller represented this duplex as having two separate water meters and two separate gas meters.

Don't worry too much about how much the water bill is going to be exactly; if the bank is willing to finance your deal, you'll be good.

I own a 1 bed 1 bath unit overlooking downtown from a huge balcony, 1 car spot and free heat and hot water for $2200.00 and it has been sitting in the market for 60 days now. 

Anglers and buyers need to remain alert and the more time the bait is in the water (at the right place) the higher chances of bringing home a delicious reward. 

Utilities If you haven’t already set up utilities, then connect your water, gas, electricity, and Wi-Fi.

I have continually preached (since 2018) that cap rate compression (and interest rates) is what landed the historic 20+IRR returns, not operations, which is why so many people have been, and are still, in hot water right now with being forced to perform via strong operations.Today, we find ourselves in a much different situation.