How are the utilities billed?

Are there investors here in Texas that have utilized and would recommend banks they hold series LLC accounts with? 

For example it does not consider who pay the utilities, obviously if the LL pays all the utilities, the net is lower. 

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

In 2025 what strategies are you utilizing to source off market deals?

You have to cover increased utility costs.

Better hope paint,carpet,advertising, commissions, and utilities don’t cost $600 or you blew your cash flow, it’s zero.

The question behind the question is that I'm trying to figure out how to communicate with property owners that have under-utilized assets.

We were looking for something in San Jose Del Cabo, because it is a popular destination for digital nomads and remote workers.

But please for the love of all that is good, plan your exit strategy with their property management, because that has been a giant dud for me and do not see it getting any better should they continue the hands-off, digital approach to placing & managing tenants.