I'm sure whomever is living there is going to want running water and electricity.

If not you will have to either pay to have it done or use some sort of back billing system.

@Michael Randle Essentially ground rent is an antiquated system whereby one person (or entity) owns the right to collect ground rent fees.

Lots of hidden water leak evidence.

I put cap ex at 1000 per door a year ball parking it so 160 a month I am not including the studio in these evaluations because I will live theremaitnance as 85 a monthvacancy of 160 a monthSo over all looks like this so far.40k downprice 158500rents 1700 monthtax and insurance 560monthcap ex 170 monthmaitnance 85 monthvacancy 160 monthall together 975 a monthsubtract that from both units rentAnd there is 725 left over enough to cover the principle and interest and leave like 100 bucks left over for my utility's and such.current owner says the coin laundry downstairs covers the water and tenants take care of there electric and suchNow just 100 left over isn't much only 1200 a year not a very good return on 40k but when I move out and instal a fire escape in the studio as I live there I can rent that for another 550. after I adjusted the numbers for the studio this deal looks really good because I am able to keep pretty much everything the studio would produce.I'd get like 6k a year and get a 25 percent cash on cash which sounds as delicious as it can get.It is in a working c class class area. on the worse side of it. that's were most of the duplexes in the area are to be honest.

All of the companies have similar systems in place for the most part, so it comes down to who has the best rates and who you get along with the best at the end of the day since they will be your main contact point.

(a) “Common Area Operating Expenses” are defined, for purposes of this Lease, as all costs incurred by Lessor relating to the ownership and operation of the Project, including, but not limited to, the following:(i) The operation, repair and maintenance, in neat, clean, good order and condition of the following:(aa) The Common Areas and Common Area improvements, including parking areas, loading and unloading areas, trash areas, roadways, parkways, walkways, driveways, landscaped areas, bumpers, irrigation systems, Common Area lighting facilities, fences and gates, elevators, roofs, and roof drainage systems.

I am currently working with a Silicon Valley startup to customize Artificial intelligence based systems to help property managers and tenants with security and other maintenance issues.

What is the best way to separate the heating system and pass that utility onto the tenants?

I'm looking at 3BR 1Bath homes.. the issues are what's hidden.. for example - wells and septic systems in my neck of the woods (although my husband install septic systems for a living)..I feel like I've been waiting for this day forever.