With low inventory around the country, check the absorption rate in your town.

If you’re still concerned, you could consider installing programmable thermostats or low-flow fixtures to help control costs without relying entirely on tenant behavior. 

We've been in Pensacola for about a year, so we're learning the other parts of town that are better for long term rentals. 

I am sorry I have been misspelling your home town. :-)

I had people coming to view the house tomorrow: postponed them because of this -- several were interested in a mid-month start date (we're in a university town - lots of movement!). 

He may get stuck with rent control laws that prevent him from catching up later. 

I was wondering if anyone here have a clause they use to bill the tenant the sewer utility as some form of additional rent.You should have in your lease that the tenant is responsible for all utilities (this would include sewer even if it has to stay in the owner's name)  Sewer bills come out once a year here (except some Town municipalities where they are billed monthly)  We add them to the tenant ledger and the tenant reimburses.If that isn't spelled out in the lease you'd need an addendum to include it or do at renewal. 

It should be noted that this is a coastal town with a high appreciation rate. 

I mean, if we had been desperado’s looking to get out of town the escrow company definitely sent us more money than they should’ve. 

I live in North Georgia and a few people have said the town in general has declined since the casino was built but I figured that would draw more interest and the numbers still look pretty good.