While I don’t suggest that the smaller type investor purchase and utilize “exotic” vehicles like foreign asset protection trusts, family limited partnerships with outside controls, or Byzantine or convoluted maze of ownership entities, the more simple strategies of using Series LLCs, self directed retirement plans, and paying off their home mortgage to the extent of the Federal BK homestead exemptions can insure that a plaintiff attorney never even considers going after them.  

I'm a member of one local STR page that vets owners by requiring they see a utility bill with the address and the owner's name.

The one percent and 2 percent rule ive never looked at ... cap rate is .. meh .. its there - what im most concerned with is the price of the home relative to comparables and cash on cash to start.   9)  I look  the other way if it is a multi unit that is not separately metered - thats always one of my criteria here in pgh as there are a lot of older homes and a good portion you wind up worrying about who will cover utilities.  

Inspection Costs - $400 Lender Fees - $1,000 Closing Costs - $2,000 Mortgage Payments - $2,500 Property Taxes - $600 Utilities - $1,000 Insurance - $200 Commissions - $4,000 Selling Closing Costs - $4,000 Home Warranty - $500 Termite Letter - $100 MLS Fees - $100 

UTILITIES: Water and sewer service and curbside trash removal are provided to you.

@Justin Woods In order to utilize a cost segregation study, the property must be an investment property and placed in service.

I know many successful investors that utilize it and some have higher-end properties in areas like Maitland.

Just because the cost of the utility is included, doesn't mean you can control if it works or doesn't work.

Instead, can you just cover the utilities or go to the laundromat.

We utilize Buildium which seems to pretty organized and easy for our tenants pay their rent through.