This type of drywall was produced with materials that emit toxic hydrogen sulphide gas and other sulphide gases," says a copy of one home inspection report obtained Canwest News Service on an affected Florida home where Chinese drywall was installed.

.- What about lawn care, accounting costs, legal costs, termite inspections/treatments, advertising, utilities during vacancy periods, etc?

And reminds me of a unit which had separate utilities, but for some reason the baseboard floor heaters were all ran off the main unit's meter.

Its 3 family home with seperate utilities and entrances from the outside.

If the rental was greener would they pay more for rent, less for utilities (overall wash) just becuase it was green?

Result a long drive to California and never a regret.especially from me since they produced my bride for me after they got there.OK, now that you have decided to stay, my advice is to listen to the good advice you have received here but to change one word.

It's listed at 99k and it's rents are listed as $1,500 plus all utilities except water and trash.

Perhaps not as they would be in first position and therefore protected, but by today's standards, they may have an issue with it as your debt coverage ratio could be out of wack and concern them with your investment not producing enough cash to pay all the bills.Contact a non recourse lender and ask.

Not just taxes and insurance, but property management (if you do it yourself, you still need to be paid so include the expense), utilities, vacancy allowance, capital reserves, administration expense, advertising, paroll (if applicable), etc.Also, the 100 year flood plain concerns me.

Making those changes will transform a good deal into a better one.Scenario C:The tenants began to pay their own utilities in December 2008, because the seller installed individual meters (Rent Utility Bill Back System [RUBBS]), and the seller reduced their rents (by roughly $100 per unit).