One of my applicants showed up with little credit but no defaults, no evictions, and only traffic violations and verified income high enough to cover well over 3 times the rent and I accepted the tenant despite there being some signs.He paid the rent in time for the most part until a few weeks ago when he stopped and I could not get ahold of him.

Hello! My name is Abriauna. I have been listening to Bigger Pockets podcast for a couple of months now and I am learning so much but still in the beginning stages of learning how to jump in to real estate investing. I...

We know what the cost is to pay for some work and determine if we do some ourselves, is the time vs money a route to go. 

It can get pretty expensive what would anyone suggest or should I write the lease so that the next tenant depending on time of year should I do not include a specific utility and adjust my rent because of it ? 

Those should not need attention (in a perfect world) for some time. 

Are you full time in real estate?

There comes a point where having a real estate-savvy tax preparer outweighs your time learning a new software. 

It's great to be prepared and have your duck in a row but we don't even start discussing eviction until they are at least a month late or behind by 1.5 months of rent. 25% of the time tenants are going to be late and about 10% are going to be late consistently.

You can hand them over all your information to organize at tax time and their staff should be able to organize everything and get your taxes filed.

You've done well with your Class A rental, generating $500/mo in cash flow, this adds up over time.