In our "house rules" we clearly outline when the Tenant will be responsible for the cost of the service and when the bill goes to us {our providers also know this} ... but we stress, if they are in-doubt and the matter is urgent (i.e. poses a safety or health risk to them or other Tenants in the building or if damage to the property is occurring) to err on the side of precaution and call us.

Although it scares the hell out of my wife I am developing an interest in rental properties and I'd like some advice.

If it is 3 bedroom, I'd start by telling them that rent is $100 additional per month for the increased utilities (that might scare them off depending on what the rent was advertised at).

Fha looks at mostly health and safety issues.

For your financial health, its a disaster.If you in a position where you know you're going to stay put, and like what you can afford to buy, buy.

I'm not as familiar in LA market, to be honest, LA market kind of scares me.

Yes, a flood zone will make insurance much more expensive and scare away many buyers.

Im from NY but lived in SoCal for about 5 years , honestly I cant give you advice from EXPERIENCE but im gonna say go for it , dont be scared or hesitate just continue to educate yourself on it and whatever else comes along be sure too have alot of knowledge , so those who underestimate you are proven wrong , but maybe you should look more into wholesaling and none of this is easy but from who and what I learned on my own this is the cheapest way , but Goodluck and my email is [email protected] , if you wanna talk to more .

Last week, I was scared to get on the phone with anyone.

There may be many buyers willing to pay more in your area, but they are scared because no one else is doing it.