With housing, utilities, and daily expenses climbing, more tenants are finding it harder to keep up, which can lead to payment issues and eventual evictions.

HH properties (and often HH clients) are high resource utilization accounts for a PMC, so many PMCs won't take them on, or will only take them on with the understanding that the property will be converted to a single-lease property (we do still use this approach.) 

They also pay for all their utilities. 

If you’re targting properties in historic areas like Lincoln Park, be sure to budget for unexpected maintenance expenses, as older buildings often require more upkeep.Incorporating 1031 Exchange StrategiesIf you’re looking to scale your investment or defer capital gains from a previous property sale, consider utilizing a 1031 exchange.

A lease usually states somewhere that items charged to the tenant (fees, utility bills, etc) are "payable as rent" or "payable before rent".

Would you care to share the names and contact info for people you may have utilized to make the returns visualized in your post available?

You can find ways to save in places that people won't utilize as much

If piti is $1100 and rents range from $1000 to $1200, conservative underwriting would use the lower of the rent range, we have $1100 rent - $1000 PITI - $120 PM  - $50 (vacancy) - $300 maintenance/cap ex - $50 misc (tax man, asset protection, book keeping, utilities that are not tenant responsibility such as for a slab leak, etc) is about negative $420/month. 

For my calculation, I've assumed $1200/yr utility paymentsSeller is asking for $5,25k, but according to my calculating a fair price at 7.5% cap rate woud be $4,80k.What do you guys think?

I am covering utilities for the 1st floor and garden unit (for a 3-unit MFH rental)Any recommendations for a programmable thermostat where I can lock appropriate temperature ranges?