Finding new tenants every year, dealing with room mate issues, damages, having to include all utilities and even TV and internet (many student landlords do this) all raise costs.

The disadvantage is you need to be more hands-on because you are cleaning the property and paying all the utilities.

You could utilize the BRRRRR strategy on that same project or others.  

I'm going to do the owner financing route and utilize a realtor for showing it.

I am looking at sourcing different rebate programs or other for apartment communities.We have owners from out of state that are seeing significant appliance rebates for toilets, energy star rates appliances etc. in CA...

Tenants pay all utilities except water/sewer.

Will the tenant be responsible for utilities @Dan Leyden?

Oooook, so let's see if we can do that AND hack your FICO score at the same time:Remember that credit utilization ratio is a FICO score factor, and it's recalculated every month or so.

The tenants pay their own utilities, garbage and water.

I am slowly getting comfortable with pulling the trigger soon but would like to know of quality/trustworthy agents, mortgage brokers, and property managers in the area that I could utilize since I am not physically in the area.