In future leases, I would have a monthly “septic service fee”, because they don’t pay sewer to a utility company.

Primary Mortgage Second Monthly Insurance Taxes HOA Utilities/Wi-Fi Def Maintenance Vacancy Estimate

I'd also like to utilize it down the line and use a cash out refinance to purchase an even bigger property.

Assuming this is correct, my question is where to I put all of the carrying costs (mortgage interest, taxes, insurance, utilities) as ecoenses in the LLC?

Single family home in need of some TLC for sale in western PA for $39,900.Median house price in the neighborhood $75-80kAverage rent for a similar property in that zip code $850-$900I would be putting down 20%, 5% interest, 30 years.Allocating $15k for rehabTotal cash needed $24,177Rent: $900/moVacancy: 5% ($45)Taxes: $238/moHome Insurance: $38/moMaintenance: 8% ($72)Capital Expenditures: 8% ($72)Utilities/Landscaping paid by tenant. 

Everyone sees the growth happening in Nashville with our sports teams on the rise along with major corporations setting up shop here.

My tenants all pay their own utilities.

If I buy a property December 1 and it is vacant, then nobody moves in until after January 1, the implication here is that I could not expense closing costs, mortgage interest, renting expenses, utilities, etc.

I calculated roughly sending 800-900 per month after all expenses such as all utilities, PITI, repairs, etc.Is it worth losing a little money each month to live in a nice house that we actually own as opposed to renting?

@Jonathan Bolano if you are utilizing HML, then it’s not a cash deal.