However, I am seeing posts here that many people utilize their short-term rentals for RE status by using Schedule E.

It's turned out to be quite a good deal for us both, as they are paying all utilities, some maintenance, and have even contributed to some cap ex in exchange for a multi-year lease. 

I would suggest you include repairs/maintenance, utilities, turnover, and vacancy in your monthly expense to truly estimate your cash flow per month per unit.

Bigger Pockets calculator asks the following:Purchase Price: 153,000closing costs 7650 (5%)20% down 30600Interest rate 6.5% 30 year loanRent $1330Property Taxes 451/yrInsurance 850/yrCapEx 5% ($66/month)Repairs 5% ($66/month)Vacancy 3% ($39/month)Management 8% ($106/month)Leave utilities blank assuming the tenant puts them in their name, BP calculator gives me 5.33% CoC ROI, which is better than what I originally did.

For example, splitting rent & utilities with a roommate on a comparable quality rental.

I have 2 recurring charges - Rent and another for sewer and trash. They have paid the rent this month, but not the sewer + trash. I am wondering how to handle this and if a late-charge is needed.The lease states the s...

Hi @Mary Chen, If we are utilizing a 1031 exchange on the sale of this property the expenses you incur for repairs wouldn't necessarily fully translate to cash in hand at closing without potential tax burdens.

Vincent, Yes - you can do this 100% most of the time when someone utilizes a hard money or bridge loan it’s because they intend to do some deferred maintenance or repairs on the property.

They usually contain market data as well.I would also contact your local brokers and utilize their experience in the marketGood LuckGino

Peer to peer lending sites utilizing unsecured loans have familiarized people with unsecured lending.