Assuming you as owner pay the electric bill and have a "cap" where the tenant pays for amounts above the cap, even if the cap is $0.00, you can't evict solely because the tenant doesn't pay the utility.

A cap rate is non a financial metric.

They can’t make demands about repairs without your formal acceptance, generally speaking.Making another purchase can indicate you are, in fact, a capable and vested buyer.

If you are willing to venture into some less developed neighborhoods or areas that demand more attention for rent collection, you can find a CAP rate around 10% to 12%.  

@Vidal Gonzales It is important to remember when investing out of state to be sure you have a capable team of vetted people who are experts in the market and are familiar working with out of state investors.

It will vary, but this Summer I was seeing Class A caps 4.5-5%, B 5-5.5%, C 5.5-6%.

Don't just toss it in there willie nillie unless you believe you have to put in that much for a certain good reason.Once you update your numbers you need to use a cap rate.

This way you don't have ordinary income reportable now, and a cap gains deduction for the same amount when you sell.

@Jason Miller, credit unions and local/major banks have put a cap on HELOCs after the refi boom slow down. 

Most states have a 'cap' on what the investor is able to earn but when you have multiple investors bidding on the same property, it is typically a matter of who is willing to accept the lowest rate of interest which may often get very low to 0.