Minimize expenses and pocket as much of that $60k as you can.

We try to set up at least 3 timeslots each week when we can schedule all the showings to minimize the tenant interuptions.If they won't cooperate or cancel too many scheduled showings, we warn them we will pursue collections to the fullest extent of the law. 

That said, don’t underestimate the power of building relationships before you pitch a deal.

I’ve been to a number of meet ups over the years, but I’ve never been to a no pitch meet up. 

And touching with owners pitching ways I can gain control, to then monetize. 

In order to pitch for funding, we feel like we need to get a few basic ducks in a row.

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.

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

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?