Utilities in this area (-electric, water, sewer) are about $100 monthly if occupied. 

Do you know how to spot water damage?

However, since acquiring the property, the taxes went up by 32% and expenses (which I pay) such as electric, gas and water/sewer have increased significantly (perhaps due to COVID).

The first 10 years I didn’t have to repair hardly any furnace/ac units, garage doors and openers, water lines/sewer lines.

Or expenses leaving out key items like water and sewer.

The property I offered on needed a new roof and had some water damage so the seller was only accepting highest and best all-cash offers.

Or could i find myself under water with this strategy.

It may be that the rent is actually $600 and $400 of that is going to the water or electric bill.

All this to say, I want to shout out (sorry for those I am not connected with, the tag doesn't allow me):@John Underwood  @michael baum @luke carl @julie mccoy@paul sandhu (for horror stories and comedy)From which thermostat/locks/water heaters, pots/pans, processes, marketing, all of it... you guys (and gals) have been so helpful.

Trying to dip my toe into the real estate waters before buying a rental property.