The reality is that the Gross S8 Rent amount on an S8 voucher includes all utilities.

People are finding it really tough in this economy to even pay for groceries, gas and utilities, let alone there mortgages!

Focus on mismanaged 6–20 units where you can bump income with leases, utilities, and light turns, not heavy rehabs.

This is a minimal effect work on improving your income limit (available credit) and utilization.

If you plan to hold long term, separate utilities and go heat pumps for the new units: they provide heating, cooling, and dehumidification for the basement, play well with tenant-paid electricity, and the rebate lowers your net cost.

I’m reviewing an infill lot in Spartanburg SC — around 7,350 sq ft with utilities at the street — and I’m trying to refine my analysis process on new-build lots.Nearby new homes are selling around $260k–$265k.I posted the full details in a Classifieds listing, but I’d love general feedback from anyone who’s evaluated similar lots.Thanks!

I'd love to utilize their expertise when assessing a property since they are local but I'm not sure what the general expectation is when I don't have a tangible property and I have not entered into contract to work with them yet.Some questions I have are: local regulations/permitting timeline, property's potential from their perspective, landscaping/amenities cost estimate (they also help facilitate this).

Curious if any landlords here have experience with new construction rentals in Spartanburg or nearby Upstate markets.Looking at an infill lot near downtown (utilities at street, ~7,350 sq ft) with new homes selling around $260k–$265k, and wondering how the rental numbers shake out for new builds in that price range.Posted the full breakdown in a Classifieds listing.Would love to hear from anyone who’s built rentals in Spartanburg.

Utilities are at the street and lot size is around 7,350 sq ft.For those who build or flip new construction in this kind of pocket, how are you currently underwriting:• Entry lot pricing• Build cost estimates• Resale expectations• Timeline riskI posted the full details in Classifieds per BP rules, but I’m mainly looking for feedback on how builders in the Upstate are approaching infill right now.Thanks in advance.

A few questions about the expenses:Cleaning & Maint: 3.1%Legal and Common Area: 1%Repairs: 2.8%Supplies: 1.0%Utilities: 16.6%Capex (appliances): 0.8%These expenses are very favorable, but also quite low for a 10-unit coastal STR.