Income 51,000Expenses 13828 (I included utilities here)Depreciation 9953Taxes 13003Interest 9593Insurance 6089 (most of this is pmi on one of the loans.

You should also read a few entrepreneurial books that will help you with mindset and productivity.As far as the property stuff goes, I would definitely utilize that VA loan, if you can.

@Raman Bindlishyes, passive losses are carried forward until utilized or the activity is disposed of.

Goes on by saying everything is "straight forward, annual expenses run around 10k and includes taxes, utilities, and insurance."

If you open a new utility account in a new city they ask for this information.

(google search)understand you CANNOT ask extra rent beside the approved amount, and sometimes the voucher may include utilities which means the $1,400 on the voucher may be 250 for utilities and 1,150 for tenant portion + hud.also depending on tenants changing financials and family changes, the % amount paid by hud and tenant may change over time.i would give a call to local office and also find fellow landlords in the area already working with section8 to network with.you want nice,clean, durable but not very base level. section 8 tenants usually have choices so DO NOT BE A SLUMLORD.you are a nice professional provider of quality home solutions for nice tenants!

The $300 Cash flow from the new duplex is referring to net cash flow after all expenses (vacancy,mngt, Piti, maintenance, capex, marketing, utilities, etc...)I guess I was thinking if I decreased the expenses by $3300 I will would be increasing the value of the property by $33,000 ($3300/10% cap rate). 

From this data, you can utilize a website that will give you a breakdown of the percentage of homes that sold, in various price ranges, for a given zip code.

He provided me with the property breakdown and utility costs. 

Anyone in Michigan ever use this ratio process to have tenants pay for utilities that aren't sub-metered?