The state doesn’t have rent control laws, but landlords are prohibited from collecting more than one month’s rent for security deposits.

So I am hoping to pull the trigger on a fix and flip in the coming month or two so I can finally go from 0-1!

It seems like a great time to revisit the conversation, especially considering how rates and market conditions have shifted over the past nine months.

Should I present the expenses to all three tenants and ask them to cover the charges?

I have a duplex that I rent out long term and cashflow $1100 a month. 

I manage the property and the tenants, pay the owner of the property a rent that meets their mortgage plus a little profit, charge fair market rent from the tenants I sublet to, and exercise an option to buy the property after a predefined term and at a predefined price.This way tired landlords don't have to manage their property anymore, and I start investing with little to no money.

All funds process through various channels but the PMS (with trust accounting which is very important) keep track of all the funds and then we disburse monthly to the owner. 

I charge a really high fee and require the tenant to carry bite insurance.Inspections are done on a schedule and always recorded with pictures and/or video.

What counts most in RE are relationships, and this is as easy as going to RE meetups and adding every day just 1 new contact in your CRM, and following up every other month.  

It does bring in some income outside of season as it is close to AC but it certainly makes over 80% in 3 main months.