Keeping a tenant that long usually results in losing a lot of money and dealing with difficult situations that you wouldn't have with newer renters.Stop talking to them in person.

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If it's the latter, you're really, really effective at telling people what they want to hear to move money from their pockets to yours.

On day one they just chanted about how much money you can make and had hard money lenders pitching loans to us.

And planning to take rent via cashier check/money order. 

Im located in the DC, Maryland, Virginia (DMV) area and I just pocketed a good chunk of money from my first build and sale and already have my next target picked.

If they do not qualify for conventional loans most private money are business purpose loans and require you to put it into an LLC

I'm not a cashflow is everything guy but I don't like taking money out of my pocket to pay bills. 

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

Tenants save money when using a shared meter, so there's plenty of room for error when calculating how to distribute the charges.