If you’re In a title state make proof of utility pay off a condition of closing.

@Blair Ross JrElectric/Gas: Contact the utility provider to see if separate meters are allowed for your property.

It cash flows without the utilities split but I am planning to hold onto for a long time so splitting the utilities seems to make sense.

Utilities for the Rented HouseDeductible as a rental expense from when the property was placed in service (ready to rent).

So now we cover utilities for both units and the new tenant pays a higher amount too on the back unit to cover all the utilities with a great profit.  

I would definitely go with a utility cap. 

Property comes with amenities such as swimming pool, outdoor grills, playground structure and each unit has washer/dryer connections.

The PM change the electric utility to the PM's name.

hi all i am a new landlord and got my first rental property. tenants moved in in September and October. the first month was fine but when December hit it got extremely cold and the heating is electric. due to poor insulation in the home that we did not know about the heat has to be turned very high up to keep the home warm, however since everything is electric it is causing the electric bill to be $800. the utilities are the tenants responsibility. however because of this one of the tenants has been extremely non compliant with paying rent.

Looking for thoughts and suggestions on how to utilize these new funds for real estate investing.