I only was thinking of the tenant having to pay a monthly fee for hvac filters and renters ins when these are easily attainable.

Originally posted by @Bao Chau Tran:@Adrian ChuCan you expand on what your experiences with this?

You'll need good contact info for them to be able to collect, and ideally the new address for the tenant however which if you don't have can probably be found easily with some online sleuthing/ contacting their employer, skip tracing software, etc. 

It’s true that you should be more diligent with vetting tenants - cash flow is great, but a destructive tenant can burn through it pretty easily and put you in the red.

For a list that small you may get lucky and no one will notice but in general you can easily run into frequent litigators that are just waiting to get called and file suit.

Start with locations I'm most familiar with - Spend some time on Youtube learning about the different areas, and seeing which ones I'd be comfortable living in- When narrowed down, rent an Airbnb and try to spend a week in each place- From there, start talking to some property managers and networking in the area to find opportunitiesI grew up around the metro Detroit area, so that would be a good starting point for the research, expanding out to nearby spots in the midwest like Ohio.

The solution is to location the meters as close to the billed unit as possible (or even inside) but sometimes that's not convenient because the return and supply lines are on opposite sides of the building whereas you could easily put the meter right next to your boiler / zone valves where all of the pipes are easily accessible.As for cost per BTU, with oil, you keep a rolling average of the price per gallon in your tanks and divide the BTU's used by 138,500 (BTUs contained in a gallon of heating fuel).

With regard to your "DST" and as with many highly structured tax vehicles that have a potential "self dealing" quality to them, there are a number of potential potholes you can easily step in along the way (e.g., constructive receipt doctrine, effective control over nominal 3rd party relationships, lack of genuine risk bearing and compliance with transactional terms, etc.).

To overcome these, investors should focus on smaller properties, value-add opportunities, expand into secondary markets, leverage creative financing, partner for scale, monitor development trends, network aggressively, and use market data tools for tailored advice.

As I gain experience I would expand.