Wanted to clarify a few things if that helps. 1.

We have helped a ton of clients with the process here in Chicago..just be sure to find a team (Agent, Lender, HUD Consultant, and General Contractor) that has done these renovation loans in the past!

Just thoughts that jumped out.If they want I out, I would definitely help them get out.

Most of the BP guests are pushing a course or book or something, so they appear on the podcast and then disappear instead of hanging out in the forums to help others.

My suggestion would be to cap your utilities at a certain amount and have Tenants pay anything over that amount.That will help you manage your expenses, and also allow Tenants to gage their usage each month, and make adjustments if they don't want to go over the allotted amount.As far as collection, provide the bill showing any overages and just have them pay for it along with their rent. 

This helped our CPA know exactly what transactions related to the house.

@Michelle Wang"My current lawyer has been somewhat helpful, though the case is progressing far too slowly.

Hope this helps...

Putting numbers on it would help give you more accurate guidance.

The guide should help you figure out what is what around here.