I definitely thought it was strange for the price and the amount of time on the market.The fuel consumption is pretty high.

My example was geared towards a single family home, it is hard to estimate what both units in a duplex would take need, without knowing the energy consumption.

We learned some information about the seller through neighbors that the seller is a mentally ill alcoholic with no job and, broke and a recently broken family resulting in divorce.

That is what you can spend on submetering and not go backwards, so to speak.As Rosston states, though, simplicity does beg to have rents inclusive of the electricity consumption.

My ex-tenant in TX was evicted, owes me $3.8K, but is a deadbeat (alcohol issues) and cannot keep up a job. 

.- Previous owner was a do it your-self kind of guy and did a lot of it wrong.Now the biggest mistake I think out of all of these is not realizing that the family member was an alcoholic.

If you are, then go for house hack (I would) but you better NEVER do consumer debt again..you are a farmer and dollars are your seed....consumer debt, new cars and consumption is eating your seed...STOP THAT :)Try to get as many units as you can  i.e. 

You are transferring the risk to the tenant and hold them accountable for their on utility consumption. 

Purchase price: $5,000 Cash invested: $18,000 The Greater impact house is geared towards Artists that are focused on creating artwork without the use of drugs, alcohol, tobacco or any other mind altering substances.More info: http://www.facebook.com/greaterimpacthouse What made you interested in investing in this type of deal?

Currently I am a owner and operator of a long term facility that treats and rehabilitates individuals suffering from drug and alcohol addiction.I am now looking to shift my focus from the day to day operations of my business and jump in to real estate investing.Additionally, I am working to obtain my broker license as a means to support my goals in real estate investing.I am partnering with my brother, close friend, as well as a mentor to begin this new journey.I look forward to networking with many of you.