You are essentially creating another job till you stabilize the asset (if not stabilized already but still doing the coordinating of maintenance). 

You are essentially creating another job till you stabilize the asset (if not stabilized already but still doing the coordinating of maintenance).

Wondering if there is a better or different way to essentially move the electricity usage from one tenant to the other.

Think E*Trade or Fidelity with different paperwork.

It’s a pretty unique property: 3/4 acre lot with a 3 beds, 2 bath, 2000 sq ft single family house, a 48’ x 56’ five car garage, and a 15’ x 30’ ‘pool house’, which is essentially a converted garage and has heat and electric installed.

@Theresa Harris the difference in mortgage costs essentially means needing an extra night of rental a month to break even on the extra cost.

He didn't realize this when he signed the contract and will essentially be breaking even or even going into the red at closing. 

My idea is to make a little money and have a place to use myself to essentially have a free vacation home.

EMD, POF(downpayment) are all essentials.

I make the borrower have some skin in the game and I always have an attorney draw up the paperwork.