LED bulbs are great and last just as long as the fixtures so no need for the integration, and can be easily replaced.One tip is not to enclose the LED bulbs since they wont last, heat rated or not.

Owner pays for heat and water.House Hacking One UnitPURCHASEDEAL ANALYSISPurchase Price$250,500.00Net Operating Income$971.50Down Payment$8,767.503.50%Monthly Cash Flow-$306.50Closing Costs$3,000.00Cap Rate4.65%Mortgage$1,278.00Cash on Cash Return-31.26%INCOMEMonthly Rent$2,050.00EXPENSESProperty Tax$426.00Home Insurance$85.00Vacancy$102.505.00%Maintenance & Repairs$102.505.00%CapEx$102.505.00%Heat & Water$200.00Electricity$60.00Total Expenses$1,078.50Fully RentedMy assumptions with fully rented are rents for $725/$725/$725/$600.PURCHASEDEAL ANALYSISPurchase Price$250,500.00Net Operating Income$1,647.75Down Payment$8,767.503.50%Monthly Cash Flow$369.75Closing Costs$3,000.00Cap Rate7.89%Mortgage$1,278.00Cash on Cash Return37.71%INCOMEMonthly Rent$2,775.00EXPENSESProperty Tax$426.00Home Insurance$85.00Vacancy$138.755.00%Maintenance & Repairs$138.755.00%CapEx$138.755.00%Heat & Water$200.00Electricity$0.00Total Expenses$1,127.25While house hacking, the numbers say I will be -$306.50/month.

My name is Chris Arcee from Miami, Florida.I’ve been listening to so many podcasts and reading so many books over the past year getting ready for my next move!

Mortgage Rate 5.50% Length of Mortgage in years 30 Monthly Mortgage payment $843.17 Taxes $ 414.00 Sewer and Water $ 150.00 Trash $ 100.00 Heat/Utilities $ - HOA/Legal $ - Cap Ex and Ops $ 200.00 Insurance $ 200.00 Mgmt Fee $ 290.00 Vacancy $ 234.90 Total Expenses $2,432.07 Unit 1 $ 700.00 Unit 2 $ 700.00 Unit 3 $ 700.00 Unit 4 $ 800.00 Unit 5 $ - Unit 6 $ - Total Revenue $ 2,900.00 Cashflow/month $ 467.93 Cashflow/year $ 5,615.20 Cash on Cash Return 10.21%

This winter the 1st floor's gas bill will be paying entirely for the heat.. 

@Bob Smith high 500's to mid 600'sOther features like a third bathroom or a heated pool allow slightly higher rates and/or contribute to higher occupancy as well. 

Some include heat, electricity, water. 

My tenants have to pay their own electric, which also is their heat and AC.

Our systems, which I take to mean water heater, AC and heat, were in great shape and I had no issues until the AC unit went out due to a blown capacitor.

. - Only one heating system, so the bill is insane, almost 8-10k a year- water very expensive, not sub metered and a pain to do, tenants won't pay for it anyway, at 8500 / yr- Flood zone, needs flood insurance & crazy other insurance, totaling about 10k-11k a year- Deferred maintenance - needs roof, deck work, landscaping and some interior work. - No one buys it, it sits, they price drop to 1.6, now they want 1.4, but it is no longer on the market.