I would probably give them a $10/month credit to their rent during Jan/Feb/Mar (presumably the months they pay for Dec/Jan/Feb electric). 

As you get to know the area more, particularly NOVA, you will see that to get to “lower price” areas, you are getting a ways out.

@Kevin Auyong - I try to structure my leases so that they never end in Nov-Mar personally. 

Hi all, I'm just getting started in investing in the Northern Virginia area (NoVA).

We get a lot of folks from NOVA coming down to Richmond to look for rental properties, so it's something to consider!

- GP from Nova Scotia, Canada

Calgary appears to be great value right now, there are cities in Ontario that provide a nice positive cashflow and of course places like New Brunswick and Nova Scotia are a decent option as well.

The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.”Good luck!

Hi Matt, Welcome to BP and real estate investing in NOVA! 

We’re closing on our second deal in Alexandria, VA in February, and want to add a full bathroom and kitchenette to an otherwise finished basement. Anyone in the area have good contractors for this type of work? We are...