Pay to separately meter the utility.

I figure never sell the cow when you can get the milk for free)...especially if that cow is producing organic cash flow ;-)I'm going to guess your rents average around $2,200 to $2,400, maybe a little over $1.00/SF, is that in the ballpark?

So now we cover utilities for both units and the new tenant pays a higher amount too on the back unit to cover all the utilities with a great profit.  

I have both listened to the podcast and read some of the books produced by BP so it's been fun learning about different strategies people have used to expand and grow their portfolios.

Selling a primary residence and then buying it back as part of a 1031 exchange could raise red flags with the IRS.Your parents have a valuable opportunity to defer a significant amount of taxes by utilizing the $500,000 exclusion on their primary residence.

The first two was because they wouldn't produce the funding letter so another bidder got the house, and now this one where they ended up going all the way to the table and then, nothing. 

I don't own in Scranton a lot of properties, But I still think 2K is a bit overpriced Especially if you make your tenants pay utilities, But I might be wrong, just wanna make you aware so you make sure before you go into any deal. 

It’s not hard on a new construction to set those up as long as you don’t need meters from your utility or water company. 

I tend to invest more in South Abilene and many in Wylie ISD but have seen investments produce good cash flow all over Abilene. 

Assets identified in this study include:Recreational Facilities: pool and pool deckSite Utilities and Infrastructure: Utility connections, signage and site lightingLand Improvements: Sidewalks, landscaping, fences, parking spaces62.28% of the total depreciable basis was classified as 27.5-year class life.