Quote from @Edreco Amosco Amosco Amos: Hello BP community,I am fairly new to real estate.

Price fair, don't get greedy, play the long game.

When managing multiple applications, it’s crucial to ensure your process is both fair and compliant with local, state, and federal housing laws, including the Fair Housing Act.A best practice to avoid any perception of bias or confusion is to process and work on one application at a time.

@Nathan Gesner Yes, I'm fairly confident if we were to hold long term, we'll do just fine. 

I knew the fire insurance would be CA Fair Plan.  

If the water bill is $100 a month, increase the price by 20% (or whatever you decide is fair) to compensate you for the time required to split and bill and to cover additional use when tenants squander the utility.

Chances are this is NO deal property as the X will want their fair share and a fair market appraisal will need to be done and the equity split equally.   

You can identify good cash flow opportunities on a fairly large scale. 

I know this is above and beyond what most municipalities require, but being fair will make the whole process easier.Additionally, a new landlord can reduce the 60-90-day notice by offering more moving assistance (cash and/or labor) if they move sooner rather than later.

We're priced somewhat above a fairly new Springhill Suites about 4 miles away.