All emotion and convenience aside the numbers don't look good to me.  

The other sources may charge higher interest rates but they are more lenient and easier to work with. 

Who knows he might be two months behind on his truck payment and something as small as 500 bucks would be a dreamCome true to get him out of a bad situation right now .He probably has little emotional connection to the house being it’s been a decade since he left it so some quick easy cash in his pocket would be something he didn’t have the day before .

Then find the rate for which your electrical service charges you and pull out the calculator....or you can add a new meter/panel solely for the well. 

Now after they were repaired if the cause of the disrepair was the tenant they were charged. 

Use the numbers as guides so you don't have to worry about being emotional about a purchase. 

Can we just start charging the tenants based on historical average usage (by adding a clause to the lease)?

Can we just start charging the tenants based on historical average usage (by adding a clause to the lease)?

Michael was right about some of the REIAs that charge, but there are others that also charge (for example Alamo REIA) that are actually good!

Just this week I had a client convert a flip into a rental after it sat on the Oakland market for over a month at a price that would have yielded fairly low profit, and this is someone with a track record of successful flips in years past.So I guess this is neutral-to-good news if you're doing buy-and-hold and finding a way not to compete with the owner occupants bidding based on emotional appeal inspired by a reality TV show, but bad news if you're trying to be the next HGTV rockstar flipper paying MLS prices.