Owner paid utilities properties will always sell at a discount since you can't raise the rents far enough market rates to cover for tenants tendencies to waste the utility usage since they are not paying for it.

I have had success raising money and finding partners at my local REIA.Just like any other marketing strategy, you can't expect to go to 1 or 2 meetings and find these people, you have to be a regular and attend every meeting and talk about the deals you are working on or have worked on in the past.

It seems like it would be worth the 6-9-month struggle if you set up a series LLC and raise the money into one company that does separate cells for each deal for liability purposes.

Seems a change from yearly to 3 month to month to month may be a good time to raise rent.

Could I simply pay for the water bill and raise rents?

Hi Dave: Once I get a few case studies I will look to start fund raising and using OPM.

They probably need to be raised to account for the 10 extra tenants.The last observation is that the mortgage payment seems to be high for me.

Has anyone out there ever had a successful transition between raising rents SIGNIFICANTLY after buying rental units?

I have seen that raised in past foreclosure cases.

They told you they are no longer available, not to raise your offer.