The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.

As a side note, in many cases, putting in individual electric meters will involve not only the meters and wiring, but upgraded fuse boxes and possibly upgrading service to the property itself.

If anything I'd offer them a limited service offering.

Purchase price: $380,000 Cash invested: $25,000 Sale price: $385,000 Single Family What made you interested in investing in this type of deal?

And thats after putting $200k down on the $750k condo.Is it a good investment for cash flow?

I would second @Andrew Steffens points and add a few more...First set it and forget it is a good way to lose money after a while.

Can you get a better return on a different investment after you move?

Purchase price: $250,000 Cash invested: $75,000 Sale price: $425,000 4 Bedrooms1 Bath What made you interested in investing in this type of deal?

Purchase price: $350,000 Cash invested: $20,000 Sale price: $385,000 Single Family - Off Market DealFall River MA What made you interested in investing in this type of deal?

A lot of people are fearful right now.I'm just over the hill in Reno, NV and chose to live and invest here because our property taxes do not reassess on the sale, landlord/tenant laws are much more favorable, and there is steady job and population growth, but we're still very close to the benefits of CA.