Not only the equation, but programming that equation into the system so it adjusts the starting temperature according to the current gas and electric rates.)Before doing any of that, I'd make sure the low-hanging fruit has already been picked- LED lighting, water-efficient fixtures(sinks, toilets, shower heads,) possibly spray-foam insulation to reduce drafts, to name a few.MG

Since we manage the rental ourselves, we have a clear SOP manual that we review with the tenants upfront to ensure that they are aligned with our processes prior to move-in.Hope this helps,Kyle I.

If the options are to have meter manually read each month, I don't know if the extra effort will be worth it vs just trying to build water into the monthly rent.

The purchase price + capital improvements - depreciation taken = your adjusted cost basis.   

Adjust your life style and start saving.

For purposes of the example, assume a 600k adjusted cost basis.Would you exchange out of the $900k portion but pay tax on the final similar to an installment sale.

It ended up working out well for me in the long run, but it took me a long time to adjust.

I’m an insurance adjuster right now by day so I don’t mind awkward conversations lol.

Thanks for the input guys...Michael, that's part of my dilemna...I want my renters to enjoy the home and have the flexibility to adjust heat/AC to their liking - AND want to come back to my property.

John, If looking in DFW area:I'd adjust Taxes to 2.65% and House Insurance should be 0.60-0.70% (just avoid the HOA).