Some people bill back the water/sewer (say on an SF when you know the exact amount), some include it in the rent, some charge a fixed amount per month.

Not understanding the amount of damage to a property an occupant can cause when his interest is being foreclosed on. 

I always loved real estate and want to someday work with fix/ flips or rentals.

What type of properties are you interested in purchasing seems to be going after a very specific asset class purchase price amount.

Hey Diana, it sounds like you've got a potentially great deal on your hands with that duplex in Tampa, especially with the seller willing to handle major fixes like the roof and termite damage.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Never had an issue in the past with a tenant of 10+ years but they recently moved out and we are trying to figure out the best way to add something in the lease just in case someone goes nuts with utilities(tries mining crypto or something that would run up the bill a crazy amount).

Bet you any amount of money...The problems are:- Do they want half down?

Trying to take our next steps in our investing, primarily interested in long term buy and holds and maybe some fix and flips in the Colorado spring and Pueblo area.thanks for the great forum!

You would need an exceptional grasp on what the 1031 will cost and the amounts you’re dealing with on the replacement and relinquished properties.- REI CPA in CA