SFR college rental: who pays for what?
As our first buy & hold rental, I'm hoping to buy a 100-yr-old, 5 BR house that's just one block from a big college. I know there's a family in it now (moving out this week), but this property sure sounds like a college kid rental to me. In that type of scenario, which utilities are typically paid by the landlord and which by the tenants?
I kind of figured that in an SFR, the tenant would pay for all utilities, lawn care, snow removal, etc. Is that an unreasonable expectation, especially for 5 college kids sharing a house? Am I better off boosting the rent and covering the fixed utilities (like lawn care) myself?