Utilizing leverage and "double dipping" sounds great.

Common requirements are that there home has to have functioning roof and walls, utilities, toilets, etc.  

If you leave faster than that, you will still have to pay for the full 14 days of rent and utilities;If you choose to depart early, I will not charge any termination fees;After you are out and return the keys, I will conduct a move-out inspection and handle your security deposit in accordance with State law.Landlord"

As property manager, you will pay the utility bills and keep the the property in shape.

Would you say a multi family house is worth more when all utilities are separated between the units (tenants pay utilities) compared to being not separated and landlord charges more for rent to cover utilities.

Make sure you consider all the extra expenses that str properties have:third party software, supplies, county taxes and business licenses, utilities, internet, etc.and run the numbers to estimate what your cash flow will be in the high season and low season.  

It includes a cleaning guide, instructions for closing utility accounts, how to turn over keys, when they can expect their security deposit back, etc Don't go crazy with this because most tenants will never read it or only give it a short glance.

The cost of living in Mexico is quite low and we are able to save about $7k a month.My Real Estate Investing Strategy:I plan to do out-of-state REI.I intend to target distressed multifamily properties (2-4 units) in B - C Class areas.SFHs are acceptable but the numbers appear to work better in multifamily.I would like to utilize the BRRRR method in order to efficiently utilize capital.I would prefer to target higher cash-flowing markets.The end goal is a passive income with buy and hold.My Question:I would like to hear your experiences in the Memphis market and if you would recommend it today for a newcomer such as myself?

Did you both pay equal portions of the down payment, repairs, utilities, etc?

Hey there I'm just getting into real estate investing and have been utilizing the bigger pockets tool kit to evaluate properties I stumbled across this property in my home state of Wisconsin, and I noticed in the description that it sounds like there are city requirements for the property and was curious what to expect with a property of this type.