Hi Paul,I'm one of the founders and wanted to thank for you for considering Ziprent.To clarify, our tenant placement fee is $1,250 and property management fee is a flat $125/mo.We utilize a secure, on-demand showing process that doesn't require an an agent.

Much slower than utilizing a HELOC, but I’m not trying to build an empire and just have a passive income source that eventually allows me to spend my time where I find meaningful.

Best thing to do is utilize the equity and pull out some cash to buy more properties.

Then tell the tenant they need to work out a payment plan with the utilities so that the water can remain on. 

There is also alot of tourism tactics being utilized by Oklahoma (we will see if they work actually) to really try to drive the markets around.

That's why for deals like this, you will see people utilize bridge loans where they will lend up to 75% LTV and fund capex potentially because the property has problems and they are looking more at the future value and operations.

Utilities.

Net income would be the Host Payout of $541.26.But your true net is what's left over after deducting all expenses not accounted for in this calculation, such as utilities, internet, consumables, etc.

@George Bell I also utilize DSCR loans, but I didn't assume in my comment that everyone does.

I utilize them on all my rentals in Worcester, over 200+.