Roof - 6-8k  (paying 15k for a new roof is way too high) HVAC - 5-8k Water Heater - 1.5k Cleanouts - 5k  

Nature and provider of the utilities (city water or well, city sewer or septic, other utility sources and whether or not they are direct billed to the tenant or not)Age of the parkUnderground infrastructure age and condition (have there been any repairs?)

They each helped the other move out, then move in.  2 days after getting the keys the new tenants informed us they did not have hot water. 

By getting the word out publicly, we got the city to water down the proposal somewhat.

Sometimes no running water, heat, pest infected etc.As for investing in high crime areas it is true you can buy a cheaper home here but make no mistake that keeping a paying tenant is generally the issue. 

These are not tear down homes, but solid livable homes not in the ghetto.There are places in California where you can buy a decent home with awesome views and/or on/near the water for a couple hundred thousand dollars.

Tampa is a comeback city...Water Street Tampa is one of the largest redevelopment projects that Tampa has seen in recent history, and it’s helping transform the city into a vibrant, diverse and attractive option for young people.

Expenses including PITI ($363), Property Management ($125), Landscaping ($37), Water ($125) = $600/mo Cash Flow!!!

All are on one meters (water, sewer, gas, and electric) and owner pays all utilities.  

With a 4-plex, you have 4 water heaters, toilets, appliances, HVAC, etc.