Like, putting a cap where I'll cover up to $200 for electricity, water, or gas, and if it goes over, that's on the tenant.

Do you guys know if DWP and Gardena will allow separate gas, water, and electric meters when building a detached ADU with its own address?  

. - Even as part of my management company where we managed over 400 rental houses, unless it was a true emergency such as a broken water line, dangerous electrical hazard such as sparking lines, a gas line leak, etc we did not deal with emergencies in the middle of the night.

@Zachary Jensen there are places where it is a good idea to look for the cheapest option and the results would be the same - gas for your car as an example. 

So make sure you leave enough gas in the tank to make it to the finish line.Good Luck!

Hello,I have a question for some experienced investors.I recently purchased a property that was illegally made into a duplex with zoned central air and gas, and would fit all categories if stairs were rebuilt from top deck. 

Removal or deactivating will cost a few thousand but not 10s of thousand and you might want to convert to gas or upgrade to a more efficient boiler anyway.  

I've been a Project Manager in the Oil and Gas market for over a decade.

The property is worth 210k and I owe about 140k on it.I have another 80k saved up and would like to put about 60k towards my next property (leaving 20k for emergency funds, rehabs, personal fund etc.)I have zero debt (no student loans, no car payment) outside of the HELOC I had to purchase the first property I stated above and most of my living expenses are paid by my employer (car, gas, cell phone).I am based out of Central Pennsylvania and am looking to stay somewhat locally for my first few properties (Harrisburg, Camp Hill, Lancaster, Hershey etc.) and am not really interested in out of state investing.Just looking for some advice or input on what you would do next if you were in my situation,Any input and info would be greatly appreciated, Thanks!

Other renovations included new roof, appliances, AC, flooring, lighting, paint, conversion of 100 amp glass fuse panel to 200 amp thermal CBs and the elimination of gas lines.