Contact the utility provider and get a historical average based on the last year of use.

It is a duplex near scranton PA. the Mortgage is about $2,400 and each tenant pays $1,550 monthly in rent so I make about $700 in cash flow monthly.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

So, in actuality the divide between “good” PMs and “bad” ones is probably no different than any other service provider, be it real estate broker, mortgage originator, etc.The key word I has in my sentence was MAY; as in MAY be hazardous to your financial health.  

I’d rather not give up my current first mortgage rate to get cash out to renovate. 

Purchase price: $73,000 Cash invested: $25,000 I was charitable landlord renting to single mom below market rents.

@Jacob Glover seasoning period on a cash out refinance for a new construction property starts ticking from the time you took ownership of land with conventional financing, but requires 12 months seasoning. 

Ohio & Michigan were recently highlighted in the rust belt as good values that cash flow. 

If you need an option that isn't as document heavy, a DSCR cash-out might be a viable option if it's an investment property.

We sometimes have seniors who need to move into assisted living immediately without much cash but they have significant equity in their home.