Basically, you use a formula to divide the utility costs among the tenants. 

If you have endless time, you could basically furnish and decorate for free.

A fundamental principle of taking another's property for taxes in Alabama is fair notice by adverse possession,  three years of this notice in fact. 

Give me a solid YouTube video and other instructions online and I can fix some basic things, I try to learn as much as I can to be a good Landlord/Homeowner. 

It will teach you the basic laws relating to the representation of clients during the practice of real estate.

And you don't close deals, you basically just do the showings for the clients.

I started on this forum a few years ago by buying his book to get myself reacquainted with basics of buying/rehabbing/renting/refinancing. 

The 4K would be covering the interests and principle.

For cap rate higher is better it is basically the return on your money. 

Thanks,Kyle I get that spam for my brokered business, then you call them and the rate is 6.5% or 8% or something crazy, unless you pay 4 or 5 points to buy the rate back down, and oh look now we're basically right back at 25% down (20% to equity, 4-5% to fees).