The issue will be if you have a number of rooms and a single abuser. 

Adding the current mortgage and utilities would be roughly $1,350 resulting in a profit of $650/mo.

But once I got the bills, I increased the rent with the tenant's approval and signed an addendum to the lease stating the rent increase would be X and the owner would take over utilities.

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

Purchase price: $45,000 Cash invested: $45,000 Single family buy & holdHey @Malcolm Grundy!

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.

You could also buy a single family property that you can either fix and flip or house hack.

Purchase price: $45,000 Cash invested: $45,000 Single family buy & hold

I am a newbie investor looking to purchase my first rental property, and I have been caught between going for a single-family or a multifamily rental.

Purchase price: $50,000 Cash invested: $50,000 Single family brrrr