A simple method is to account for the roof, hvac, and hot water tank.

Prop Tax's some of lowest in the country for fully service properites  IE WATER SEWER Paved ST.. schools etc.2. on going maintenance  desert scape   No lawn going wild like the mid west. 3. lack of water intrusion  4.

Aug 23 electric company comes and puts 3 day note on door of squatter while squatter is hiding insideAug 24 DTE informs us that the bill for this cabin hasn't been paid for a long time, bills are often sent back "return to sender", over $1,100 is owed, gas will be turned off soonAug 26 electric company comes and removes meter, we haven't seen squatter since Monday night, we knock expecting an empty unit, 14 year old daughter is inside, no electric, no water, no gas, phone battery low, and the house is the worse garbage pit I've ever seen - 5 full size black bags of kitchen waste sitting near door, goat path from room to room, dirty clothes piled everywhere. not hoarder situation, just super dirty situation.

I rented out my ADU in the Valley for $1600/month (includes water) but I have a client on the west side who rents his out for $2,150/month. 

We are responsible for water/trash/sewer which is on average $250-$300/month conservatively. total expense = $2,105.33The rent from the two units are $900 and $875.

We are responsible for water/trash/sewer which is on average $250-$300/month conservatively. total expense = $2,105.33The rent from the two units are $900 and $875.Conservatively we believe we can get $850 for the unit we are staying in.

Got a water bill of $20 in June.

If your equity partners are equity only and not part of the GP team, be sure to get your legal documents written by an SEC attorney to stay out of hot water with the SEC, in case anything should go wrong. 

Deal Term: 15 Years Total Buildout/LL Cost: ~$12.8 million (prior to financing costs) Average Annual Lease Revenue: $961,500 - Total Lease Revenue estimated to be $14.4 million over term of the deal.From a pure cash flow perspective - obviously wouldn't do this deal, but factoring in a likely exit within the next 15 years w/ a great credit tenant...

The area I’m looking at is by the water and crabbing/seafood is the main industry, not really near major cities.