The project is a green space/water reclamation area that may have a walking path and park.

In my neighborhood the tenant pays electricity but owner generally pays water/sewer/garbage.- Low crime is a plus.  

Hello bigger pockets community, I guess I'm kinda new to the community, I began my account here sometime ago, to dip my toe in the water and see what was happening.

When the "actual" appraisal came in (my $400) expense, it was so low that it blew any possibility of a profitable flip out of the water. 

Their guests have a wealth of experience that can guide you through the treacherous water in the beginning.Tap into the weekly BP webinar that Brandon hosts.

I would pay roughly $390/mo. for water and $279 for gas. tenant pays electric and I would pay $80/mo. for trash as well.

In the end it's more or less the same for the seller, but it works out better at the closing table for you.

HOA owns hot water tanks, but not the HVAC.

The  next expected fed funds raise is at the July meeting and four raises this year certainly seems off the table to me.BTW the 10 year just fell below 2%.  

) $0.00 $0 General Vacancy Loss 10.0% $9,240 Expenses Monthly Annual Fixed Electricity $0.00 $0 Water $66.67 $800 Sewer $0.00 $0 Garbage $15.50 $186 HOA $0.00 $0 Insurance $415.00 $4,980 Taxes $448.83 $5,386 Other $20.78 $249 Variable Repairs and Maintenance 3.0% $2,772 Property Management Fees 20.0% $18,480 Other Capital Expenditures (Reserves % Gross Income) 3.0% $2,772 Market Assumptions Market Rent Growth (per annum) 2.0% Expense Inflation 2.0%