At the end of each month or the agreed upon time frame, the co-host typically bills the owner for expenses incurred (cleaning, maintenance, etc.) and the agreed upon fee (i.e. 15% of revenue).

For example the front house gets the bill and the guest house always pays X% billed by the main house. 

I pay his phone bill.

Also, I just got my S&W Bill for a duplex I own in Farmington and it was $95 for 3 months, so I think the $125 is high.

It’s been an incredible learning experience, but I can see myself getting stuck in this 9-5 job, especially once I have more and more bills.

I at first had a plan once I got out of the military to use my GI Bill and go to a technical college for an industrial/commercial pilot (mainly because I’ve always wanted to fly and I would receive housing allowance for my first 2 years of using the GI Bill at around $1800 a month).

Thank you Bill and Rich. 

There is potential to install water meters for each pad, and bill back water to the tenants.

In any event, the leak in bathroom 1 and leak in bathroom 2 resulted in my water bill spiking up more than $1,000 (above and beyond the norm).

In any event, the leak in bathroom 1 and leak in bathroom 2 resulted in my water bill spiking up more than $1,000 (above and beyond the norm).