Water and Power may or may not be on, and if its not you may or may not have to pay to have it turned on.

While you vacancy might be close to zero, I like you estimated 10%.The water and electricity seems high, it might be right because of the laundry.Anyways, those are my quick thoughts.

They are testing the waters right now with it. 

One thing thats obvious driving through is that there is a huge range in values. 

Here is my process for setting rent but if the value of the property was set based on profit (5+ units) I would have more incentive to keep rents near market rent.My properties are in a high rent areas; market rents for my units range from $1600 (2/1/1 in working class area) to ~$7K/month (STR 2/1/1 at beach) so realize the percentages. 

If I fail to pay my electric on time....it gets cut offIf I fail to pay my water bill......it gets cut offCell phone bill, Insurance and insert all other payments.....they get cut offIf I am on Section 8 housing and I do not go to my appointments or fulfill the requirements.....my benefits get cut off Can you tell me any contractual agreement that if I do not pay that I do not get terminated ?

His rent is only $750 a month- water, sewer, trash, and cable included. 

The home inspection report indicates the roof and hot water heater are at or near end of life.

We’ve done everything from rim joist, main water lines, all new plumbing.

We’ve done everything from rim joist, main water lines, all new plumbing.