I wanted to pay for everything but mitigate people using too much of the utilities.

Ie interest, utilities, property taxes etc.

This is a typical "seasoning period" required by most lenders.Repairs and CapEx will probably be closer to 15% of GSR all in.You're not accounting for insurance.What about water/sewer or shared utilities?

insurance $2,285 landscaping $300 management $1,606 professional $200 property taxes $2,190 maintenance $4,155 utilities $19 total $10,755I need to know if these expenses are reasonable before I decide if/what to offer.

@Mitchell Litam , the existing lease runs with the property until it ends, however make sure to read your state's landlord tenant laws, so you know how you can make changes once it comes up for renewal, how much notice you have to give them, etc.Water/electric bills in their names is a matter for their current lease and your utility company's policies.

That doesn't go very far.In terms of your analysis, you should include any water/sewer or shared utilities.

Commercial often want custom to their needs and producing something beautiful can result in tearing it all out I try to improve as much as I can during turnover only.

Here are the specs on the rental income (utilities are not included):Unit 1: $1,550Unit 2: $1,600Unit 3: $1,550Garage: $75Total gross income:Monthly: $4,775Annual: $57,300Overall, even though i have not quite wrapped up this whole experience, i would say it has been an extremely positive one.

Maybe from utility billing or some kind of US mail address correction?

People that live in a van with no utilities or facilities have something wrong with them.