I've read that they typically pay utilities like heat and garbage, but a lot of people mention that they themselves pay the water bill and sewage bills which can get expensive. 5.

Tenants pay all utilities, water, etc.I am paying all cash for this property.

So, having said that...this one's a bit of a twist, given that it's classified as a Condo, however this space can be utilized as an office facility.

Our securities attorney is going to draft some material that I can hopefully circulate to everyone.

He claims material pricing have risen, which is true, but not as much of an increase.

Using that logic, when anyone buys anything, they are paying for the raw materials, the cost of goods sold, the overhead of the manufacturer and the retailer, etc.

You're going where you don't need to go at all, a sale contract is all ready made for a buyer to acquire good title, free of encumbrances, that would mean that you are to receive the full bundle of rights of ownership unless there are restrictions to title like a utility easement or HOA restriction made of public record.

Do you want to own the property OR are you just after a return on your money that is steady utilizing a real estate platform.If you own the property, who will manage it?

Long term tenant paying $1,675 and all utilities.

In your current situation you are going to need to utilize leverage in the form of a mortgage.