The other biggest benefit is, water habits don't typically change, so if you see that water usage raises by 3500 gallons a month, good clue that extra people have moved in...

Another gotcha is if you the landlord pay utility bills for the tenant included in the rents.You could have no water leaks and the utility company decides to go up 10% on the per gallon usage rates for water and sewer now that they think the economy is doing better.

In the agreement, the tenants are informed and agree that we will share network usage logs with the authorities if requested.

Most of us, ages would acknowledge that it is best to pay off real estate loans ASAP.  

They're mainly over utilized and my available credit to usage ratio is like at 95%. once the revolving credit is paid off it should be ok!

& Credit Loss (5%): $1,734 (I include the laundry income in this calculation because it is safe to assume that when you experience a vacancy, you will experience an equivalent proportionate loss in laundry usage).Gross Operating Income: $3,2946RE Tax: $5,237Insurance: $1,200Lawn: $870Fuel: $636Electric: $240 (seems low for 12 months of laundry)Water/Sewer: $2,029.94Property Management (10%): $3,294.60Repairs & Maint (5%): $1,647.30Total Expenses: $15,154.84OER: 46% (Lower than 50%, yes, but the 50% rule is for quick assumptions and somewhat worse-case. 46% is realistic for a multifamily, but you still need to verify all of the known variables to be accurate).NOI: $19,525.16CAP (assuming $245,900): 7.94%Now, I don't know the prevailing CAP Rates for 3-families in that part of Manch, but I would have thought they would be better; thereby suggesting that the price is too high.Cash Flow: I'm going to have to make some assumptions here.

My families usage, when in a similar THS was around $90/qtr for water and sewer.  

High water usage should lead to high sewage cost, but then...what do I put in the calculator? 

I had called them two weeks prior to find out usage since the current landlord "pays" for the tenants electric bill.

I have been running a DM campaign now for about 6 months and I want to be ready for the houses that I can use owner/creative financing to purchase, but not in my own name.  My question is WHEN do I form that LLC.  Is ...