Tenants will be responsible for utilities as soon as I separate the meters. 8-10% for property manger.

This property is actually under contract now but I’m still using it to practice running numbers on.Tim, the full description of the listing says that the tenants split the utilities and they have separate meters.

What do you consider to be what separates “on market” vs “off market”. 

After further research, I decided to separate family and business.

If you can move south to San Antonio, you’ll see cashflow a lot more easily.I prefer to separate vacancy/repairs/capex from the other costs when calculating cashflow.

1) we have a business w 2 years of tax returns and increasing net income2) I have a separate biz with a year of tax returns and positive net income.

We're also separated from the main crowd which makes us easier to find and more comfortable. 

I suggest having a separate agent for each as well.

->PropMgmtLLC - separate traditional single member LLC member managed by me, has its own EIN and bank account, has a contract with Cell1, Cell2 and handles all aspects of property management for property1 and proerty2, sends monthly invoice to Cell1, Cell2 and charges a $50/month management fee for each property.

I'm sure this process varies by state, city etc. but figured I would take a crack at the forums to see what I could learn.I've found a SFH in the Myrtle Beach, SC area that has a "mother-in law" suite that has been built with a separate entrance, separate electric meter etc.