There is always an expense in setting up utilities.

@Philip Mullinax first if you need to evict someone from a unit you are buying the price needs to be adjusted for that. 

Sounds to me like he's got no chance, there's got to be some precedent set by never billing and collecting, right?

I set the guest's entry code to the last 4 digits of the booking cell phone number. 

While I was in graduate school earning my Master of Fine Art in Acting degree, I did end up buying a duplex like I had set out to do, that I lived in the downstairs and rented out the upstairs to build equity and have someone else help pay the mortgage.

Have you and your husband set specific goals as to what kind of MFR properties you would like to buy?

For example: When you buy set for life from us you get ALL bonus items, including the Six Steps pdf ebook The house hacking webinar recording 4 audio interviews with personal finance expert

I'm considering (really planning) on setting up a series LLC. 

ProsRisk DiversificationPotential to find better opportunitiesMore property available to choose fromConsFewer economy of scale benefitsStretched to thin due to more things to keep track ofAdditional risk due to higher overheadRisk of needing to rely on a new set of individuals (Sometimes the Devil you know is better than the one you don't)Potential to end up with less profitable opportunities

Using the above example, let's say you decide to play it safe and just set your budget at $40k instead of $25K.