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? 

Typically these policies are also capped at a max interest rate around 8%.

What I mean is, some investors look strictly at cash on cash return, some look at cap rate, others just want to make sure their mortgage is covered.

Looks like the first deal I’m analyzing is a bit complex on the tier structure, so I’ll have to carefully review the cap stack and waterfall.  

My guess is that with the recent fire policy changes in CA there are likely caps on the fire payouts and many homeowners will be in the situation of example 2.

Selling it now vs renting, will give your dad more money and he won't have to worry about renters or cap gains. 

Haven't seen an 8.5% cap since 4 qtr. 2009! 

Basic stuff like LTV, NOI, cap rate, etc...There are a few report types missing and you can't split expenses yet.

For example I know many who are now just lending because they are getting 10-12% short term which is far better than any cap rate on real estate. you do not have the equity upside as you do real estate but its a way to play the short game to see what happens over the next 12-24 months and decide when you want to buy.

But, when you combine all the potential lost income and damages, I will definitely be the losing party since there's a cap on small claims.