Instead I would calculate what the average utility costs will be, build that price into the lease agreement and include a separate clause stating that if the tenant goes over the allowable cost built into the lease for utilities then they would be responsible for the additional cost.

That question is hard, because there are so many different types of products. 

So if it is still a product you are looking for then post "Seeking a blanket loan in X City" in the specific state forum you are looking to buy in. 

We pay 10% management fee (its a STEAL) the average is 20%.

Hi guys hope you all well and growing your business.I usually buy single faimily homes from the auction at low price since they need tons of rehabs (the ones I pick), Im trying to implememt the BRRRR strategy, contacted couple of banks the problem is since Im trying to refi in less than a year they would give up to 70% of the purchase price and no apprisal at this stage (onw bank offered 3 months delayed purchase I think thats whats called but not sure).The problem Im having is they depend on the purchase price which is low as compared to the ARV and wont send appraisal till 1 year and I neither have lots of cash to keep in one or two deals and wait for one year nor do hard money.Trying to refi as soon as Im done with the rehab if possible which most of the time takes me 1 month max on average size house.Any recommendations would be appriciated.Wish you all the best of luck. 

Portfolio today market price:  $7,320,000Yearly Gross rent:  $495,500Yearly Operating expenses:  $105,000Yearly Average repairs/maintenance etc:  $45,000Yearly Debt Service:  $228,000Yearly net cash flow:  $117,500If I rasie a minor rent of $25/month each unit per year, $25 x 50 units x 12 months = $15,000 extra rental income per year. 

Our strategy is to provide nicer-than-average rentals, in a B neighborhood.  

What I learned is that the buyers looked for different products, and I had to learn a lot of new things, which is what we do in Real Estate at all times anyway!

In Memphis you can get 3 properties at $18k each averaging $5k-$7k repairs and pay and average of $75k total with each one bringing in about $600 each.

On the 10 year cycle average on the curve bottom from  ten years ago is generally higher in value then the last bottom.