Looking into house hacking a Duplex but noticed some only have electric metered separate, leaving the owner to pay gas and water.How much of an emphasis should I place on the home having completely separate meters vs only electric?

Debt service is not calculated with NOI.You will want to bill tenants for all utilities: Water, Gas, Electric, Garbage, Management fee. 

Sometimes when you apply for a commercial loan as a borrower on an individual basis and the lender insists that you form an entity so that they can get a personal guarantee, the validity of the guarantee can be attacked on the basis it is not a"true" guarantee.

This strategy is valid, but is more complicated than what Clint covered in his 5-min video and not without risks or drawbacks.

They might also cut you a little bit of a deal for doing both of them at once, but I'm not as sure on this one, because I've never done it.Also check with the local electric and gas company - sometimes they offer rebates for replacing old systems, or moving up to a higher-efficiency system. 

Depending on how far away the garage is from the house, it might not be nuts to run hot water from the house to the garage - but then again, it may be a better idea to put a water heater in the garage just for the laundry, which means you get to run a gas line or heavier electric out there. 

@Jason Lees thought is valid. 

Monthly Operating Expenses 2,208.33Net Operating Income (NOI)Total Gross Annual Operating Income 65,280.00 Total Gross Annual Operating Expense 26,500.00 Annual Net Operating Income 38,780.00 CAP RATE and VALUATIONDesired Capitalization Rate6.27%Property Valuation (Offer Price) 618,500.80 Actual Purchase Price 749,900.00 Actual Capitalization Rate5.17%SHORT TERM RENTALMONTHLY OPERATING INCOMESTRNumber of Units 8 Average Monthly Rent per Unit - STR 2,000.00 very modest estimate Gross Monthly Operating Income 16,000.00 MONTHLY OPERATING EXPENSEProperty Management Fees 600.00 Repairs and Maintenance 1,000.00 Real Estate Taxes 2018 records 1,095.00 Rental Property Insurance 480.00 Homeowners/Property Association Fees Replacement Reserve 51.00 Utilities - Electrical, gas, trash, water sewage, internet, cable 4,080.00 Pest Control?

As you get older, have been investing for a while, and your risk tolerance changes, MAYBE it makes some sense to have some paid off properties (there are many on here that will make this argument, and it can be viewed as a valid one), but until then, when you’re in GROWTH MODE, I don’t think it makes sense to prepay the mortgages.

I work for a general contractor but also constantly looks for opportunities to meet contractors...gas stations...doing work around the neighborhood...Instagram.