It's time to write up new leases and I'm unsure on how to handle utilities.Electric, gas, water and trash cost me ~80k a year.

Not much water damage I'd guess.I don't know anything about redwood.

Unit # 1       1,018.00/12,216Unit # 2       1,018/ 12,216Unit # 3       1,018/12,216Unit # 4      1,018.00/12,216Total Rent Income 3,054.00/48,864.00        Expenses Repairs 1,345.00Electricity 4,025.00 Insurance 310.00Taxes 3,050.00 Water and Sewer   3,590.00Total Expenses     12,320.00Net Operating Income 36,544.00Building #2 $350K (lol!)

yes looking for first investment, just had a quick conversation with the listing agent and he is emailing me a spreadsheet of all the income, taxes etc...He said all the units are currently occupied and the owners are selling to move here to build a house on the water.

What do other investors typically pay for Water/Sewer/Garbage service annually for a property in Chicago.  

The property had lots of water damage, plumbing issues, mold, the landscaping was out of control.

Section 8 in Cleveland drives me nuts.It is like dealing with the Cleveland division of water.

As the big pools get watered down we are seeing more and more opportunities for smaller investors. 

It has to do both or you are just pumping gas into a parked car.  

There is only one gas meter, one water heater, 2 furnaces, 2 separate laundrys and kitchens.