If the water bill is $100 a month, increase the price by 20% (or whatever you decide is fair) to compensate you for the time required to split and bill and to cover additional use when tenants squander the utility.

After you feel confident in understanding real estate as an investment vehicle, decide how you want to begin your investing journey.

Emphasize how this arrangement could work to their benefit, offering steady income, avoiding a traditional sale process, and giving them the freedom to move forward with their plans such as buying that sailboat and sailing around the world.If they ultimately decide they’re not interested in selling, you’re still in a great position to continue your search and buy your own property in the near future.

I am definitely open to seller financing, I just wanted to have a back up plan if we decide on this route and we cannot find a seller willing to carry  

My significant other and I decided to use a builder she had done business with in the past.   

If you decide to sell, just iron out your tax strategy. 

If the water bill is $100 a month, increase the price by 20% (or whatever you decide is fair) to compensate you for the time required to split and bill and to cover additional use when tenants squander the utility.

This year, I’ve decided to focus on the tenant experience by painting entire walls, not just touching up!

This approach seems to be validated by this video by James Dainard: So, after 10-11 years, I can just decide to stop and live in the 5th property, or...

I decided to break it down and share the REAL costs and not just estimates.A lot of the work was screwing down and fixing the subfloor as well as completely screwing and securing the ceiling sheetrock.