But to date, I've just set my rents at a rate that accounts for me having to pay the water bill - and informed the residents that each year I'll increase the rent based upon my expenses (including water), so keeping the bill down helps me to help them.But one problem this could cause is if increasing the rent to cover the water bill then places your rent above the market rate.

"As a newcomer to commercial real estate, I believed investing $10,000 in education would be a wise decision.

Quote from @Stuart Udis: My comment has nothing to do with comps and your decision to make the repair shouldn't be comp influenced either.  

I am looking for more information on ways to save on tax fees for transferring homeownership from a parent to myself.

Thanks for the time line information.

The information contained in this post is not to be relied upon.

Buyer was a real estate agent and all that information was in the mortgage and note and closing was with an attorney. 

They have a ton of really valuable and good information with their webinars, etc. 

@Hoseah Njuguna thank you so much for the information.

Start with the address and details about the rental.Create a section for tracking the lease information.