You're also able to work with the utility company to install an additional meter.

The only reason he did it was because it led to additional work.

It also allows you to search 400 property and property owner consumer fields, in addition to being a driving for dollars tool.

Reach out using the message system if you have any direct questions or want additional advice.  

In addition, all Rent payments hereunder not made within five (5) days of the due date shall bear interest at the rate of one and one-half percent (1-1/2%) per month"The monthly rent is $1550 so the late fee is easy - I've set the account to charge 5% if the rent isn't received within the 10 days stated ($77.50).

Do you have additional capital to add?

In addition to interest and repairs, you can deduct off a 27 year depreciation on the home. 

There will likely be a partnership return required where you flipped a house with a partner and lost $120,000.If you sold the other property within the same partnership, it will also be reported on that partnership return.The net result to you is that you will receive a K-1 showing your income / loss which you then use to report on your individual return.If you made no money within the same year, you likely pay no additional taxes / get no additional refund.Best of luck.

I don't have the 10% for the down but thinking of using a HELOC to get the money and then add it into the calculator.

Electric: is the easiest to split, but may require holes cut in walls to separate the units.Gas: gas lines aren't as flexible as wires, but it can usually be done affordably.Water: most cities will NOT install additional water meters on a property.