A Cap in the front may go to an ejection pump which pumps sewage uphill. 

Has anyone dealt with this and what strategies have you applied to protect yourself and ensure a massive bill is not left after tenant moves out.Should/can I request utility set a cap on unpaid balance?

Once I got my spreadsheets in order it's now easier to add a property to it for my expense/profit tracking.I'm still not sold on just keeping paper or tossing all the paper and keeping just electronic. big sigh :-o| i have "systematized" my process and it has actually helped me quite a bit. i do it all alone and then my wife goes through house by house expenses and creates a Cap Expense sheet that we just give to our CPA.here's' what i do:1. i enter the charge in Quicken PM and tag the property2. i scan the receipt and put it in a folder that's specifically for Recepts-2016-March-$55.42-HD-3-8-16.pdf or .jpg3. then i toss the receipt in the garbage.4. once or twice a month i back up my whole hard drive to another hard drive.this way if the IRS asks for a receipt, i can always find it. every now and then i lose a receipt and dont have it, but i have 99.8% of all receipts.btw, i keep track of 28 or so properties.does that help?

While you are in there, you can expect to pay your PITI ($1254), sock away 10% of gross rents into a maintenance account, sock away 10% of gross rents into a cap ex account, pay the water bill, pay the electric bill (since I'm assuming there is common space & outdoor lighting, lets just say this will be $70/month), and that's it pretty much.  

El Dorado County has a cap and a current wait list.

Should there be a cap on how much Hillary gets if Bill starts owning millions of dollars in property?

Expenses and rent will trend at the rate of inflation, although if you pick an up and coming area that is gentrifying the rent can be more.Some states have caps on property taxes where they only increase by CPI or a cap of 2 or 3%.

When negotiating the agreement, the tenant should consider whether he or she wants to try to negotiate a cap on the amount that he or she can be required to spend making repairs.

A cap of 4% starting at 6% means you'll never be over 10% (where most SF notes are anyway).

@Joshua MorrisRunning your numbers and adjusting for the new found tax rate of $4183, assuming $10800/yr in insurance and using a cap expense fund of $1500/yr, instead of $2000, i get a positive cash flow of $250 a year (including 10% property management) ...that's hardly close to what my minimum would be, but i think that you did overestimate the expenses just a tad (which is good).