The vision of a freshly updated home is so seductive, it's easy to forget that the project will most likely come with aggravating delays and unexpected issues.

Whereas a 20-something white person with middle-class parents who goes down to the bar, gets drunk, and gets in a fight might receive an aggravated assault charge he gets 30 days in the local slam for, a 20-something black person raised in poverty is far more like to get a terroristic threats charge, a battery charge, and is then charged with resisting arrest.

Down votes for posts that are aggravating, inaccurate, hateful, or just plain stupid.But really, I don't pay a whole lot of attention to votes.

This will save you the time and aggravation of having a commercial account (since the utility is not in a living space) with deposits and monthly connection charges, etc.I offer a $10 monthly credit (via addendum) which is more than enough to cover the electrical usage many times over, and my tenants appreciate the transparency and the slight cash flow on their end.Our local utility (Nat.

@Samuel Carmichael besides what @Brandon Ingegneri said about looking at absolute dollar amounts to figure out if it's even worth the aggravation, I also agree with @Michinori Kaneko about looking at percentages.Personally I look at percentages first, namely 1) cash on cash return (yearly money back after all expenses including mortgage, divided by all money invested to get it rentable) and 2) debt service coverage ratio (net income after operating expenses but before mortgage payment, divided by the mortgage payment).The first is (obviously) a measure of return, while the second is more of a measure of risk as it tells you how much of a buffer you have between the property's net income and the monthly fixed mortgage payment.After you get a little more experience you'll also start to factor things like replacement reserves into account.

Its like the post I saw about home depot paint, if something that minor is going to aggravate me, then being a LL probably isnt for me. 

If this is the case, you might want to collect additional deposits and/or modify lease language to mitigate your risk and aggravation.

You’ve put all this money into something up front, gone through all the aggravations of closing and renovating to start collecting rent to pay the expenses.

And, the two people living with him are now wanted for aggravated assault.

Talk to a local real estate attorney to see if it's worth the cost and aggravation of pursuing it.