I have just divided fuel on 12 units to separate meters and told my tenants they are responsible for the fuel accounts only to find out that 2 of the 12 have had their credit decrease since renting and the fuel company won’t do business with them.

I use Baselane for banking, and a separate property management software. 

You may have to pay an agent to make all these lowball offers, otherwise they may get tired of you wasting their time.3) What can you do to your current house to generate cashflow now or more in the future:- Finish the basement as a separate unit? 

Originally posted by @Angela Zaitz:Are the utility lines separate? 

@Frank Newsome typically there is not a good separation on areas for Section 8. 

I'll lookup your YT videos and DM you separately...Thanks!

For instance my 90 lot subdivision at one point I had 90 legal descriptions and parcels on one master deed.. as I sold them off we just deeded them out separately.. its super common especially in older platted cities were lots might have been small like 25 X 100 and someone bought 3 of them and then built one home on all three.. some places they force merge them others you can go back and recreate the Old lots of record.. there is millions upon millions made by those that know how to find shadow plats and bring to life underlying parcels.

It is also a separate loan from your mortgage.Some things to consider:1.

@Fahima HilalWhen you wrote the scope for the architect did you advise him to separate the plumbing lines per unit?

Several things to consider: 1) One of the main purposes of segmenting your assets into separate LLC's is so that your personal net worth or equity in other business ventures or properties isn't exposed, so unless you have a high net worth or a lot of equity in a property, it might not be worth bothering going the separate LLC route, especially when it restricts your financing of the property.  2) Most any commercial financing you get from a local bank for a small property is going to have recourse anyhow and require that you sign a personal guarantee, so you're still personally on the hook to the bank even in the case of a commercial loan.  3) If you're a newer investor and buying a deal that's tight on cash flow, or if you don't have a ton of cash sitting in the bank already, your greatest risk factor as an investor is your investment failing economically due to poor financing terms or not operating the investment properly, not because you get sued.