I only have two electric meters so there are technically no common areas. 

You can go to SFDBI.com and, under permit services, find the track permits tab, search for your home address, and look at the permit history (Plumbing, Electrical, Building, Complaints).

The power lines are across the road. 

This can be a very powerful way to tap into your equity. 

It is the method to tap into your equity without selling that is the powerful part.  

Oftentimes, landlords want to sell when the big items start needing to be replaced, roofs, HVAC, sewage lines, electrical/plumbing etc. 

The Home has electric heat and the landlord pays for the water/ sewer 110$ per month.

After deciding to make it a rental unit and learning more about the power of leverage and cashflow through BP, we'd like to refi into a 30 year mortgage.

I’m not sure it’s a ten cap after maintenance is considered it’s probably lower in today’s market if it’s a LTR, my points is the power of leverage.

@Winston Covington that is a great story and example of the power of holding real estate even if the property is only cash flowing a little bit at the front end and over the years with increased in rents while appreciation any investor can look amazing!