The reason why the utilities are in my name is because I lease the bedrooms individually kind of like a "rooming house" and in effort to keep the lights on and the water running I keep the utilities in my name to protect the other tenants from potentially irresponsible tenants who may/could take people money for their share of the utilities and not pay the bills. 

Anyone have experience with this kind of thing?

It really only gets complicated when the body is not discovered for a extended time.It would be interesting to know what kind of a mess costs 48K to clean up.

Most of the guys I know that work those markets and make any kind of money spend a bunch a month on marketing 5 to 10k easy.. then they usually have a person on their team that runs the leads and closes the deals..  

But with this kind of negative cash flow, you are betting that appreciation is growing more rapidly than the interest you're paying--just to beat putting $900/mo in a savings account.On top of that, you're still in the window where you call sell this tax free using the primary residence exemption.Using the $80K on a $350-400K multi or two $200K homes on a 30 year fixed will provide the same appreciation while having someone but you pay off the mortgage.

What kind of properties/ Investments  are you looking for?

What kind of place are you looking for?

What kind of properties are needed in this area?

Good luck Thanks I'll make sure to as about that kind of an estimator.

Of course you may be wondering what kind of part time jobs... do I dive into.. how... to do this outside of your full time job.. and what type of jobs makes sense to dive into and which types of jobs do not make sense....