The tenants lease she signed did not include her having to pay for oil but just electricity, (1st floors heat and hot water are fueled by oil) Me not being a home owner before and or landlord thought nothing of it until winter came along and this oil bill became very expensive.

Purchase price: $169,000 Cash invested: $8,000 Nice Family Home Located In Beautiful Stone Oak Great Kitchen With Island, Built In Microwave, Refrigerator, Plenty of Cabinets* Mahogany Solid Wood Front Door * Beautiful hardwood Flooring* Large master With Huge Walk In Closet* All Bedrooms Are Spacious* Water Softener* Excellent Schools w/ Lopez Middle School Within Walking Distance* Deck Overlooks Fenced Yard With landscaping** Shopping, Restaurants Close By What made you interested in investing in this type of deal?

I have water leaking from my bedroom (It’s raining heavy outside btw).

Thank you for the ideas, I am really worried that this could blow a profitable deal right out of the water. 

I'm currently in the middle of my first deal and I feel like a fish out of the water.

I pay for water and received an outrageous bill.

It had water in the crawl which caused a mold problem.

Do the hook ups include water, septic and electric?

It came with a set of tenants (a middle age man, and a middle age woman and her boyfriend) who have been decent.they do pay but it has been late I usually get it on the 5- 10th every month.this month I have not seen It yet its the 13th. another thing I should mention its heat and hot water included and they are paying $500 below the market rent. should i evict them and find someone who can pay on time and the market rent?

I did use bonus depreciation for the cost of furniture, but I lumped the property improvements (mainly new hvac, water heater, windows) in with the building and depreciated all of it under the standard 27.5 years period, since I didn't "need" additional depreciation benefits for 2019.