To me I am buying a one time service and don't want to make it a personal relationship thing with the owner unless I come back every year.

around here the rule is that if the Electric Company is a private company like MetEd or Edison etc. they lien the person activating the electric service, as in the tenant. 

When you get to the point of renting out the unit make sure you get a NON refundable deposit if your state allows it to keep them honest.Good Investing...

No, it does not necessarily reflect fees being linked directly to services provided.  

@Nick Kramer -first thank you for your service!

The 70% rule is indeed a common guideline used to evaluate BRRRR deals, ensuring that you can potentially pull most of your money out on refinance.When lenders offer DSCR (Debt Service Coverage Ratio) loans at 75% LTV (Loan-to-Value), it can change your analysis slightly.

One issue was a slow draining bathroom sink which I called my warranty service provider to snake at no cost.

The only benefit in this instance, as an investment partner in a JV, or member in a multi-member LLC, is it's an act of "good faith" on my part in the agreement, being extremely transparent about the project's costs for the construction company, and the specific amount the partner/member invoices as profit or salary attributed to construction services on the specific project (I differentiate profit from salary, as it depends on the size of your construction company, a smaller company the profit may be the salary etc). 

Sometimes it might make sense to have full service, but if you are just fixing a drain once every other year then it probably won't.  

If you ever decide to purchase a non-owner occupied single family property, some lenders allow you to put down as little as 15% for the down payment.