I'm also going forward for my Electrical License but in the mean time does anyone hold a Electrical License?

Gas and electric separate, water is shared.

Tax 300 Insurance 100 W/S 100 Heating 200 Electric 100 Maintenance 300 Management 200 Vancancy 300 Total 1,600Cashflow: $400CoC = ( $400 x 12 ) / $25k invested = 19.2%Here is the SAME example using the Internal Rate of Return:Notice that the IRR will take into account the Sales Proceeds over a 10 year period of time.

I bugged the PM group on when payments were going to hit my account for the first few months but then I learned to relax and let them do their job.My property, 8 months later, is as advertised.  

HPP normally already has electric / internet available but there is no county sewer, so everyone has a septic and catchment. 

I already have electrical and recommendations re sewer and water. 

I have no clue about water/septic/electric needs/costs etc.

So the utilities aren't submetered, not even electricity?

we cant say 100% in either direction because we cannot see or know the extent of roach problem. what we do know though, is that health and safety concerns (which can stem from bug problems) are usually very frowned upon in the court system, especially in NJ which is very tenant friendly. if this went to court, you would be the big bad slumlord up against the poor, deprived tenant who was tricked into living in a roach infested apartment. of course, I have no way of knowing what the truth is, and I'll assume its not since you seem like a decent person. the fact though, is that the tenant should not have a roach problem the first month living there unless he or she lived like an absolute pig. if she had lived there 8 months, I would be more inclined to push the issue. since she has had bug issues since the beginning my instincts are telling me that what is right, would be to let her leave at the end of the month and agree to amicably end the lease.

From a liability standpoint, you're okaying him to start electrical work and it doesn't sound like he's an electrician.