If tenants pay utilities, it makes little financial sense unless you can get higher rents for that privilege to your tenants that offset the cost and the net result to you is cash positive (or equity positive).On other commercial assets where electricity is paid by owners (like self storage as an example), then you need to look at costs vs savings and see where your return comes out.

As a contractor you have to charge the owner a premium for the privilege of using your credit as well as the uncertainty of when and if you will get paid.

I have steady tenants and have not needed to do anything new for a long time.Interest rate does not go up on a mortgage you already have, unless you are refinancing as a rental.When you change your house from a primary residense to a rental, you must register it as a rental with the Maricopa County Assessor's Office. https://www.mcassessor.maricop...When you own 3 or more rentals in the state of Arizona, you must obtain a Transaction Privilege Tax (TPT) License.  

Over the last year, I've had the privilege of working for dozens of property management companies and spoken with hundreds along the way about what's working at what isn't.While I know that some teams are short staffed and can't keep up with such a hot market, others are saying they can't seem to price their units effectively or need help with maintenance automation.

I've seen too many people choose that road when they lacked the equity to sell, only to end up as unwilling landlords and losing money monthly for the privilege, and only to end up short selling later. 

They're not so much as hiring you...as they're not going to pay you, but you are paying them for the privilege of using their brand name and tools and training. 

But it's their cost for the privilege of letting you defer paying tax with a 1031.

They charge 10% for the privilege of knowing they will answer the phone but if they have to do anything they are also charging for that, what is the 10% for. 

And I would especially not recommend multi-family buildings in these areas because those that do have vouchers find these less desirable, plus you will have to pay higher taxes to the city for the privilege of their oversight.  

My wife and I have had the privilege of working with couples with struggles and working through our own as well.