Then, tenants use a mix of baseboards and space heaters to cover the rest on their own dime.On my last two rehabs, we've separated plumbing to the units so that we can pay a single city base charge, but then submeter the units down the road to do RUBS.We also tried, at one property, simply sending a group email each month sharing what our heat bill was and how that compared to the previous year.

You should then connect with an agent to get access to the MLS and then reach out to a lender to see how much you can qualify to purchase.If you currently have a CPA/accountant - you may want to reach out to him/her with questions prior to the purchase.

Must have been really urgent funeral that you didn't know about 2 days prior?

@Greg Tomita Being inland in Eustis should help keep your rates reasonable compared to the rest of the country.

Unfortunately I didn’t have a lawyer look anything over prior to the sale & just listened to my realtor.

The property is vacant and he told me that he would be willing to allow me to start renovating the property prior to closing so that by the time we close escrow the house will be all remodeled and ready to put back on the market.

I'd rather require immediate payment for immediate repairs (not cosmetic) & always have tenants striving to get their full security returned at move-out.Could you have a lease term stating that monies received go towards any prior balances/rent/late fees/repairs/etc, before it's applied to the current month's rent?

You can not compare LLC to S-corp.

If you will cash out later interest rate will be higher compare to regular purchase.

.: looking through MLS, contacting certain people, sending direct mails, etc.)What % does screening the MLS (+other websites such as Zillow, etc.) represent compared to other strategies you may use to find deals (such as direct marketing, etc.), both in terms of # of analyzed properties and # of purchased properties?