You do NOT need any of us agents involved in a simple transaction like this where you are dong a buy out.

There are aftermarket usage meters that can be clamped on circuits.

Existing average $50k Gross with personal usage time.

I think all of this math makes people's eyes glaze over and they fail to actually read everything... missing the entire point of the conversation.Another great perception was that YES, the usage of a NEGATIVE Cash Flow in my example was to compound the fact that NOT ONLY was it a NEGATIVE Cash Flow BUT it was ZERO Appreciation and you can STILL make over 9%!!

There is no yard to water, just regular usage with bathrooms, dishwasher and washers. 

who is paying the water and electric on the washer/dryer usage?  

This means that, apparently, all four units plus the public service utilities were being billed to that tenant.I just received a letter from the tenant with their bills from April-August enclosed, stating that they were concerned about the high usage and asked the Public Service Commission to investigate, which concluded that all four apartments' utilities were being billed to the tenant.

Hey guys, wondering what the locals think will be the impact of this from, here is the article from IBJ:September 6, 2016Hayleigh ColomboCarmel-based for-profit college operator ITT Educational Services Inc. announced Tuesday morning that it will permanently “discontinue academic operations” at all ITT Technical Institutes campuses.The company has already eliminated the “vast majority” of its 8,000 employees and canceled the fall academic quarter, which had been scheduled to begin this month, according to a statement released Tuesday morning.ITT Educational operates more than 130 ITT Technical Institute campuses in 38 states.ITT Tech announced a week ago it would stop enrolling students, and an Indianapolis charter school run by the companyhas also shut down.The move follows years of scrutiny by the federal education department over its recruiting methods and students’ educational performance, and recent actions that made itineligible to accept new studentswho relied on student loans.In its statement Tuesday morning, ITT called the federal sanctions “inappropriate and unconstitutional.""

Consider long term costs.Central unit(s) belong to you, are maintained by you, and you need to provide power and pay that bill.Window units, even if you provide them, at least place the operation power usage on the tenant.If you clearly note in the rental agreement that "the window units are a gift to the tenant", then maintenance is off-load too.Frequently, the long term costs have a larger impact to your PnL than the cash outlay for the equipment itself.

We are using Podio for organization in our real estate activities. Up until now it has worked well in organization acquisition, rehab, marketing, sales and even rental leads. We have a need to organize investors for s...