This type of issue can be addressed if the house has independent heating/cooling zones (but a lot of houses don’t have this feature).

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

In his numbers the liability insurance seems really low (like $500/year), I know the park owner owns his own insurance company so I'm wondering how skewed that number is.

The cons - very hard to cash flow off the bat, especially with a low down payment and...

As a business owner myself, I would not want to claim association with, let alone endorse a low-quality company with deceptive business practices, like WealthAbility – it just reflects poorly.

This will have a significant impact on your loans, especially on lower balance loans or loans with low payments. 

Upon taking over I immediately raised the rents on the MtM tenants to $800 knowing I was also planning to switch the heat to a system where the tenants would eventually be paying for their own heat.

They are energy efficient and help reduce the monthly heating bills.

The Pandemic housing market, fueled by historically low interest rates, began in the Spring/Summer of 2020 and arguably ended in late 2022 or Spring of 2023 with rising interest rates. 

However, due to the leak, the water heater kept trying to heat water constantly and the electric bill doubled.