If your average heating bill is $150, you may not collect enough in the winter months when the bill reaches $225 but you'll collect extra in the summer when it drops to $65.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Our current mortgage terms include a late fee after 5 days, so they’re already paying extra each month and have to split the total monthly payment up between 2-3 payments when they get their pay check.

Financing OptionsParent Loan Options: Consider home equity loans, investment property mortgages, or co-signing a loan.Tax Implications: Speak with a financial advisor about potential deductions and capital gains.Rental Income Potential: Explore the option of renting out extra rooms to offset costs.5.

-Have an extra umbrella policy-Speak with my real estate attorney to make sure I did enough to limit my liability. 

From an operational standpoint you might also want to consider the cost of any extra tax returns that are needed by the entity as well as any extra accounting fees.Good Luck!

You can't charge extra pet rent or even a pet deposit because it's legally not considered a pet.

Many investors do end up getting their own license because of this, others don't want the liability and extra work.

Now where is that EXTRA dollar?

This is from the BP rental calculator and is exactly what I'm wanting to see, just with extra payments each month.