Hello all,I have 2 triplexes in Pittsburgh and would love to find a plumber that's familiar with installing water submeters and can recommend effective submetering products.  

Ask the wholesaler how old the roof, water tank, ac unit and furnace are. 

Is there power to the lot, is there public water or will you need to drill a well, if there is public water/sewer do you need to pay the tap fees, etc.

Our screening process is quite thorough, though definitely not as much as yours.When we receive an inquiry, we state our qualification standards.

Mine was already separated so only had to worry about separating water. 

If the property has deferred maintenance and is not up to standards to be rented out, you won't be able to finance this on a DSCR loan.

@Sarah West The basic concept is that you take out a 1st position HELOC instead of a standard fixed rate 1st mortgage.

Is it not problem that they do not have enough water. 

I know how stressful it can be with those gaps in monthly income.I personally use the standard Chicago Association of Realtors lease...do you have a copy of this by chance? 

To me the issue isn't charging fees and making profit as much as it is doing so without providing tangible value in returnA business exchange should result in value added not extracted—charging a 50% leasing fee to then only do remote showings, charging a $25/mo smart-home fee because of an added a $50 wifi-enabled thermostat My clients pay management fees as high as 20%, none lower than 13%, and in return they receive comprehensive property managementMy residents pay nothing other than rent, because they're not clientsI can't complain though, because if it weren't for the industry's standard practices becoming this way, I wouldn't have my niche