Sean Terry (Flip2Freedom) has put up several webinars that are free and explain in detail how he approaches sellers under various circumstances.

., the % of the bill paid by a person occupying a one bedroom unit will pay a smaller % of the overall bill as 4 persons occupying a two bedroom apartment.Here is an article for your review:http://www.multihousingnews.com/news/national/increasing-revenue-not-rents-with-utility-billing-systems/1004044409.htmlAlso, if you choose this type of plan, you will need to revise your lease agreement to explain that monies paid are first applied to the utility bill and the remainder is paid for rent.

If it were me, I would contact all my clients, explain the situation and tell them I was checking on the legalities and would be in contact within a day or two with answers.

@Dion DePaoli,I should have explained because most people would not understand.

They explained to me that it is not zoned multifamily therefore I could not separate the units or consider a variance.However, they were kind enough to give me a few options...

It explains how the tenant is to leave the unit, cleaning required, etc.

There are some other legal benefits but too long to explain and I am not a lawyer. 2.

I'm really thinking about using Private lending (or HM lending) for my real estate deals, so, #1, Im asking if someone could explain to me the structure and purpose of Private lending?

Can you explain?

If you understand, can you please explain?