I'll then run my numbers at an average % of asking price instead to see if it works.

My background is in electrical and industrial maintenance.

I’m thinking folks that are going to end up renting from me are going to be somewhat more conscientious than the average tenant.

What is the average price you are seeing/bed or /resident?

However if we are talking just average run of the mill locations, then renting might be the call according to Shiller of Case Shiller.

If it turns out they don't even have an office in the market they're selling, walk away.Scope of work: you should be able to see exactly what was done to a property and how much it cost.Real data: stats like vacancy, maintenance rates, and average tenancy, etc., shouldn't be estimated, they should be real figures based on consistently updated data with a substantial lookback period.

However it's surprising how many homes in below average areas still perform.

(Myself included) essentially they tie up 1500 dollars a month over an average of 30 years.

I have no clue as to how good it is or is not or how much it may cost.although I have been around a lot of different HOW TO guys over the years.. and like anything.. if he sells 100 people on the big dog program 10 or so will take it and run.. 10 or so will muddle the rest will just kind of fade away.you have to look within and see if you are in a position to succeed in real estate... its not as easy as just taking a course and your now going to succeed... real estate generally speaking takes time,, money and some how gain experience. so for sure those that have limited investing capital limited experience.. no real contacts in the industry.. will find it pretty tough to almost no way anything will happen other than get jacked up at the event.Assess were your at personally.. 

The electrical on that one is split.For us, and the option without knowing any more I'd recommend is to : We found the easiest thing to do was to pay the bills yourself and simply build what you think is the average utility bills attributable to each space into the rent price.In terms of marketing, market the place at the lower so you don't turn away people and then negotiate you paying those bills (the increase in rent functionallyThat said, there are other options but of course they involve cost.