Update electric.

I do Hvac so plumbing/electrical comes with the trade. 

Seems to me that it is entirely in your power to only have to look for 1 new tenant vs 2...

We replaced the fuse box with an electric panel for $1500.

Units are all electric and have individual panels, water heaters, and HVAC systems.

This can end up being something you both learn to love to do together as a power REI couple!

Do any of you have too much RE work and not enough man power?

Has separate power meters, separate water meters, and separate gas meters.

I hope someone can help with what kind of big expenses  are in the multi family properties i need to know when looking for properties(can only think of roof, deck, insulation , heating system )Also, Not sure if I jump ahead but I am trying to sort out all the related expense for rental property below with my conservative estimate per yearProperty management fee (10%)insurance :2500property taxes: 2000 -3500Owner paid utilities : 2500( in case of paying oil burning heating system , if tenant pay their own electric heat so i guess i can eliminate this expense)snow/lawn: 1200Accounting cost: 100Vacancy reserve (5%)Maintenance reserve (10%)Can anyone give the idea if i include these expenses correctly ?

I have no development experience however have a large portfolio of homes in the Charlotte suburbs which are solid performing assets and have done extensive rehab's on many properties from basic new kitchen/ba reno's to full structural/electrical/plumbing renovations.