What attorneys presented to the Court was a total value in excess of $750K but that included three lots, and they did not do an appraisal, they just used the county assed value. 

New to the market, quick question and love inputs with explanations. I found a deal that cash flows very well, would it be beneficial for me to take that cashflow and pay extra on my mortgage to pay the property off q...

Save cash in a liquid manner up to a level you feel comfortable with to cover reserves then use excess to purchase more properties.

Because my STRs have been STRs 22 years, I wish they had more points for those STRs far in excess of 5 years.  

See excessive time costs as an opportunity to improve upon the inefficiencies you're experiencing.

Then use excess funds to start saving up for the REI if that is the route you want to go.Best of luck.

But for those who pull the excess out every month and have no reserves..... 

Its' the government so I know that it can be a slow process, and this all happened around COVID, but 2 years is excessive. 

Excess funds move into the "Trust". 

Utility costs change, usage should be fairly cyclic to coincide with the season.Once you have all of this data, you should be able to calculate a base rate per square foot, plus or minus for unique features, and arrive at a fair percentage of the whole to charge for each utility per individual unit, considering each units appliances and potential head count (2 per bedroom + 1).Your Rental Agreement should specify (based on what local law allows) the base amount of each utility included in the rent payment (for example, 900 kwh of electrical usage combined for 4 units), and that Tenant will be responsible for excess usage based on the percentage split you have calculated for each unit (for example, one unit might pay 25%, while a larger unit pays 35% of that excess electrical over 900 kwh, totaling 100% between all 4 units).