It just means they will pay for the bill not equipment (except modem).

Divide it by 12 then that's a monthly income of $610.Cash Flow: $610 (income) - $466 (expenses) = $144Cash on Cash would be: $1,728 / $29,922  = 5.70% It's not outstanding but at least, it's not negative.Another option is just to sell it and start over (now at least, am better equipped with this experience and not make the same mistake).Any other advice for me?

If it's not a broken pipe, immediate fix needed, or requires special equipment, I do most of the work myself.

When you hear "small business loan" that is normally for office equipment, inventory, things other than real estate.I understand the motivation - I once thought as you do - but that's the reality of real estate lending.  

tooling/equipment?

@Travis Henry being that the new construction prepped the units with W/D connections (H&C water supply, waste, vent, exhaust and power) it makes sense to include the equipment...higher rents, tenant convenience, etc. as mentioned above.Regarding the domestic water on a "Master" meter, what does that mean...1 meter for the quad? 

I cleared many trees myself before finding a local with equipment who cleared the remainder of trees in exchange for keeping the timber.

Maybe read it then you’d be better equipped for the conversation.

I am not equipped to deal with 500/mo tenants. 

My main gig is selling Telecommunication & IT equipment and services and would love to supplement my income with some real estate.