Tenants should pay  utilities - they're consuming those and landlords should 'inspect' what they expect on a quarterly basis and that includes verifying that utilities are current.  

Through my journey I have gathered priceless information about the markets and maintained countless of connections including contractors, investors, agents and brokers.

There is roughly $20,000 left in rehab including windows, floors, a new kitchen and bathroom. 

I live in Charlotte and would prefer a multi-family investment property that is within a 3-4 hour drive so I'm considering areas that include: Charlotte, Raleigh / Research Triangle, Charleston, and Atlanta.

Property management fees and software subscriptions are deductible, and depreciation reduces taxable rental income.This post does not create a CPA-Client relationship.

We helped her move to PA from FL, provided a furnished apartment at a reduced rate for a while, etc.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

That way, there is some type of cushion to help against any high usage months, should they just happen to use more than your previous tenants did, or if you unfortunately get tenants who abuse the "utilities included" opportunity. 

One of my early properties barely broke even, but after a couple of years, rent hikes and expense optimization turned it into a strong performer.For cash flow benchmarks, I usually aim for $200-$300 per unit, but your situation.. house hacking.. offers unique benefits like reduced living expenses and quicker equity buildup.

So if you move your IRA assets to 401k, including both rentals - you can finance them in the 401k and be exempt from UBIT.