This is nickel and dime stuff but everything counts. 1) could you contract with the cable company to get a kickback for tenants who sign up with them2) could you sell renters insurance to your tenants and get a small kickback3) if your electric is deregulated, you could get a small kickback from the electric company for choosing which plan the tenants use.A lot of this may be regulated by the state you are in so not sure if it will work.

Ottawa was great but the numbers dont make sense no more.I also found that in many of these markets, the sellers are retiring, they are not overly greedy, some offer seller financing and there is always great value add opportunities (mostly under value rents, easy light reno cosmetic jobs and leases that include electric heat and water which can easily be transferred back to renters.

Perfect for salon or small medical practice (350) sqft- Single electric meter- Entrance to condo is in the back- No fire door separating.Question, has anyone used two separate leases for this type of situation.

Perfect for salon or small medical practice (350) sqft- Single electric meter- Entrance to condo is in the back- No fire door separating.Question, has anyone used two separate leases for this type of situation.

You'll need to run sprinklers throughout the house (costly for a number of reasons, especially if you have to increase the water main size), have an enclosed trash area with a drain, have electrical exist signs at the egress points in the house, and they will ultimately require you to become ADA compliant.

It's two bedroom, two bath, needs new windows, doors, insulation (particularly the second floor), electric, plumbing, HVAC, kitchen, and the detached garage (single car) rehabbed as well.

FOUND SOLUTIONS:1 - This looked relatively inexpensive, but requires a window in the basement (which may not be present), and is very much DIY:https://www.finehomebuilding.com/2008/09/10/a-dehu...I found 2 - 5 on the following site:  https://www.hunker.com/12002792/how-to-dehumidify-...2 - Placing Charcoal bricks around the basement3 - Filling a bin with rock salt and drilling a few holes allowing for water to drain4 - Buying desiccant's and placing those around the basement5 - Running an electric heater, set no higher than 95 degrees.I really like option 1... but if my basement doesn't have a window, it won't work...

Thus, have them quote on individual projects of the home (plumbing, electrical, etc).

Given the zip code and the price, this is not a purchase to be done sight unseen.You would also need to find out of each of the units has separate electrical & gas meters. 

One of my main reasons for that preference is because I would prefer for the electricity to be in the tenants' names.