I'm bone dry on funds and I know hard money lenders or raise funds but I am unexperienced as is but I continue to read, read and read to learn but I think I'm now in the "over thinking" phase of my learning experience.

Moderators Note: Due to excessive political and off topic commentary, this discussion thread has been locked. 

@Isaac D. RI

  $100/month increase seems excessive.  

I know without insurance involved, most landlords think our services can be expensive, but someday you'll run across something that you can't or won't want to handle....six week old decomp cleanup, meth lab cleanup, excessive mold, sewage, hoarder contents, suicide by shotgun (gross and dangerous) etc.

You may have to take a quote from an excess market (lloyds, etc.) and then switch when the electrical work is done.  

The water usage has never been a problem before this year.2) There are washing machines, but they don't drain into the septic, they drain into a storm drain (probably not a good thing either, but was like that when I bought it, I'll deal with this later).3) The tenants swear there aren't any leaks, running toilets, excessive showers, etc.I'm thinking the only thing I can do now is replace all toilets, faucets, showerheads, etc. with 'low flow' alternatives to reduce the water usage, and then ask the side with two adults and two kids to move out (or evict - they are overdue on rent now) and replace them with less people.so, for the BPers,1) Any tips on water usage?

Excessive soft spots in flooring which could mean damaged subfloors, whether from water or other damage.

So, the IRS treats any distributions in excess of your basis as a capital gain.Also, if you are living in one of the units owned by your company, then that is considered a taxable fringe benefit.And, if your S-Corp owns your rentals, then you cannot move them to another entity without paying capital gains tax including depreciation recapture. 

I was very accommodating so they didnt smash a hole in every dry wall panel on their way out.