We do that exact same thing, and use TurboTax, too, I think it's a great product for rental properties and really simplifies things.

The electrical on that one is split.For us, and the option without knowing any more I'd recommend is to : We found the easiest thing to do was to pay the bills yourself and simply build what you think is the average utility bills attributable to each space into the rent price.In terms of marketing, market the place at the lower so you don't turn away people and then negotiate you paying those bills (the increase in rent functionallyThat said, there are other options but of course they involve cost. 

It took us two years to recover from that mess, and our average holding time of those properties was 11 months with 4 months being the shortest and 2.5 years the longest.I told you why I'm a little wary of auctions, but it sounds like it's different in IL. 

If we spread ourselves to thin, our quality of production suffers.

It's a daunting task to try and find a CPA who actually claims and actually does specialize in real estate and knows  more than the average person.

You could come up with an average and use that number in your budget.

I'm averaging at least 1 call per week to make minor repairs (admittedly these are things that need to be repaired).

If you were to add high-end interior and exterior finishes you can expect to raise the average rent by $150-$300. 

Average cost?

He rented all his units for 25 percent below market on average.