@Cynthia Malmquist@Bob E.

@David DachteraSome properties have sub-metering already installed. ( water usage )Option : piggy back system could be installed              owner could set-up a prepayment program             etcCurrent owner would be responsible, if the tenants fails to pay waterusage by December 1st on their property taxes bill.  

Rich Dad Poor DadRich Dads Cash Flow QuadrantRich Dads Increase your financial IQThe Real Book of Real EstateThe ABC’s of RE InvestingThe ABC’s of PMRich Dad RE Tax AdvantagesThe 10X RuleThe E-MythThe 4 Hour Work WeekFlip2freedom episode 77[http://www.flip2freedom.com/a-3-step-formula-to-a-successful-balanced-and-insanely-profitable-2012/] - podcast - LISTEN TO THIS TODAY!

With inbound marketing, you pull people in with content they want to know about using blogs, opt-in e-newsletters, emails, social media, and website offers.

If they don't answer the questions, I don't e-mail them back. 

I've latched on to the IDEAL acronym when thinking about the "why" REI question.I = Income (cash flow)D= Depreciation E= EquityA= AppreciationL= LeverageI've seen this model work beautifully for my father and I'm looking to take it to the next level. 

@Randy E.

will this work for what you want to do (i/e: dont build a $500k home in an area where homes sell in the low $200k's etc)?   

You could install additional blown-in insulation which won't cost a lot, the reduction of the R Value is both energy saving and helps the AC usage. 

The other 2 are rented for $900 to market rate tenants who pay for their water and sewer usage.