Georgia Power has informed us that we need to "fix the neutral electrical supply" to restore power to the units.

The inspection report came back, and there are a ton of deficiencies( roof in bad shape, pier and beam findings suggesting movement of the property, improper electrical fittings, gas lines not to code, etc).

So how are we supposed to do repairs for a sale when tenants want 24 hours notice and are not cooperating.We have a timeframe to get them done and repairs required need her to make room and move possession.Termite damage and repair, electrical work and install baseboard heaters.Her possessions are blocking all access.

In the summer I saved 30% on the electric from my old house and my new one is bigger.

All units separately metered, electric heat for the whole place but the tenants pay so not too bad.Cons: Condition - not great, tenants, not-great.

If it is a legal 2-family with only 2 apartments in it, make sure there are three electric meters (unless you pay for the electric for all apartments)--you need to have a 'common area meter' that the owner pays for, ie hall and exterior lights.After getting an Attorney lined up, and a search done re violations, I would speak directly to the tenants. 

How are expenses paid for by the trust tax deducted, i.e. roof replacement, plumbing and electrical expenses, etc?

     - Also do not forget PMI if you are less than 20% down, also overestimateCap Ex (8-12% depending on the size of the property and age)Vacancy (8-12% depending on how long a unit sits vacant, tough to estimate)Maintenance (8-12% depending on size of property and appliances)Water/Sewage (sneaky expense, over estimate per person)Other Utilities (Electric house meter, is it separately metered?)

I have a 2bd 1ba with seperate electric furnace on rent....And comed bill to my surprise came up to 600.

If an electrician finds a place that needs all new electrical, but the rest is solid it is a whole lot better of a deal than it is for the drywall guy.