Always great to see another active investor from the Houston area.Out of curiosity, which lender did you use for your deal?

PS: as far as the consumer debt goes, most of it was accrued through a run of bad luck.

Hello all,    I know each state is different, but in Maryland we are required to return our tenant's security deposit with accrued interest.

Only problem is she charges more than others are charging for their cleaning fees.I've shopped other cleaners just out of curiosity and most are around $175 and she is at $200.It's the off season now in my market (ski town) and to compete, my rates need to be around $100/night.

The more people you talk to with curiosity the more you can learn.

We are currently looking at duplexes with 4br 2ba, and it seems that historical utilities combined for these if the owner pays are in the neighborhood of 300-400$ a month.It definitely is a gamble in Northeast Ohio to take the time to install additional meters to pass on the fees to the tenant, but you are right that if it means I have to lower rents to compensate its a wash on income and a negative on the expense I accrued due to metering.

Unless your Heloc rate is well over 9%, youre better off just applying your excess cashflow toward paying down the Heloc balance, which will immediately reduce the interest that accrues the following month.

But don't keep reading and researching just to satisfy your curiosity.

Otherwise, if you don't get the mail, penalties and interest can accrue for years before you find out.

Out of curiosity - Why do you want to investing college towns?