It just has little bearing on the price of a specific house.

Most folks who take the 'lions, tigers and bears oh my!'

If the landlord pays and rents don't outpace rising utility cost your returns will diminish after expenses.If you meter it all out so that the tenant pays you will have to bear that cost.good luck

.” ~ Paul “Bear” Bryant

But bear in mind, he and I both likely say no to more people than we say yes to. 

That has no bearing on dealing with unsophisticated buyers or sellers.

The properties will be structurally sound, a good location, and a good surrounding market but are poorly managed that are in need of minor cosmetic repairs such as, out dated inefficient kitchens, bathrooms, appliances, old windows, old inefficient lights, high expenses, old non-separate metered heating and cooling units, along with ugly curb appeal/landscaping.We will not purchase commercial properties that have the following issues:-A structural problem (interior bearing walls, foundation & exterior walls)- A significant environmental issue (underground leaking tanks or mold)-A neighborhood that has an oversupply of commercial properties and have a vacant rate of more than 15%.

@Aristotle Kumpis@Brent SeehusenThere is a forecaster at UCLA/Anderson who has identified a 12 year cycle for LA. 7 years bull followed by 5 years bear going back to 1975.

Totally new to the process of buying property so please bear with me.

Lenders will "account" for expected expenses to determine your cash flow, but that has no bearing on where or how you save your money......or spend it.