I'd be happy to meet you over there and give you my opinion if the foundation work and remodeling is worth the expense.

My name is Tara - I am new to the REI world.

In my post I was just trying to offer another perspective.

My jack of all trades gets $25.

I’m a young entrepreneur in the real estate space, and I’ve recently started my own company.

My suggestion would be to cap your utilities at a certain amount and have Tenants pay anything over that amount.That will help you manage your expenses, and also allow Tenants to gage their usage each month, and make adjustments if they don't want to go over the allotted amount.As far as collection, provide the bill showing any overages and just have them pay for it along with their rent. 

When I bought my first place in Birmingham, the property manager at the time said they would not deal with Section 8 unless the tenants were inherited. 

It was more satire on my part.

Be sure to explore all around the forums as well as many of the FREE tools that Bigger Pockets provides.I am on the lending side of things and am always happy to hop on a call to discuss loan options that are out there, even if not offered by my resources.

Hey everyone, I'm new to real estate investing and in the process of setting up my LLC in North Carolina.