Congrats @Chase A. on your new purchase.Everyone of my properties are metered separately for electric and tenants pay that.My duplexes only have a single meter.  

You could also buy an awesome cash flowing, money pit in the urban core - but you need to be very careful on the urban core KC to make sure you have the right house and the right property manager as that cash flowing rental can go vacant and be ripped and stripped very quickly.Make sure you research the rental registration laws as well in the KC area and anywhere really as cities need money and are creating new licensing laws to chase the landlords out of town.If you could pay a bit more - between $80,000 and $100,000 you can get a better property.

I was doing Computer Science, I dropped out because my interest is in real estate and the reason I dropped out because I learned that the person who chases two rabbits catches none.  

Still doing this part-time and working a full-time 9-5 and chasing a 2.5 year old around at home & dealing with a cranky pregnant wife.They key is steady lead flow. if you have a steady flow of leads and you're making offers, you'll eventually get something.

Most of the time, people tend to chase certain areas.

I have 2 mortgages, one on my personal home and one on my vacation home but those 2 mortgages are only around $430,000 combined and the 2 properties are worth around $2M combined so I have great equity there.Im not scared of leverage but I like these cheaper properties bc they rent at over 1%/mo but when I spoke with my banker at chase he said they dont finance homes that cheap thats why I've been paying cash.

I have a HELOC with Chase, and I do all my transactions on line.

I called my bank (Chase) and spoke with a loan officer and she told me they were unable to count my rental income on the house I wished to take out the HELOC, and therefore, my debt to income ratio is too low to qualify for a significant loan.

Chase Buchanan If a property has gone through a major rehab and a large increase in price then the tax assessment will increase.Outside of that, tax assessment and market value aren't really directly related.

Made all the money I invested back along with $3,000 bucks profit, which encouraged me to quit my job and chase deals full time!