@Jon Pierre 136k last year as a foreman for a utility company.

There is a small berry patch and veggie garden behind the house.

Who's utilizing what methods from home? 

Here's a list of what we ask for in our LOIs and contracts:Operating financial statements for the property, including income statements, expense statements, capital expenditures, for the last two years of operation and year-to-date financial statements for 2020.Prior two (2) years tax returns and addendums for the Property.Current tenant leases, tenant correspondence, tenant credit information, tenant security deposit register, and delinquency report.Onsite staff payroll records to include salary, bonuses, payroll taxes, benefits, etc.Monthly owner statements and rent rolls for the past 12 months.Contracts, service agreements, and files pertaining to the property.List of maintenance all maintenance requests (complete and incomplete) for the last two years of operations.Real estate tax billings and assessments and other correspondence pertaining to real estate tax calculations at the property.Copy of Insurance Policy and claims documentation (loss runs).List of capital improvements and any and all necessary related documentation and warranties.All existing warranties and guarantees from architects, contractors, and material and equipment suppliers, all of which would be assigned to Purchase.Any existing environmental Phase I/II reports, engineering reports, soil, mold, radon, asbestos, hazardous substance, termite, or other tests, studies, or reports.Any existing appraisals.Itemized inventory of all personal property.Twelve (12) months of utility, water and sewer bills.Twelve (12) months of bank statements.Verification of additional income from operations including but not limited to application, pet, late, and other fees, etc.Copies of title policies, title reports, land surveys, site plans, deeds, or any architectural plans for the property.History of or pending litigation against the Property, its owners, or its managers related to the Property or the operation thereof.Such additional information, documentation, or access as Purchaser shall require

I feel like I'm taking crazy pillsAnyone else run into this.Thanks guys & galsSide notes:Old lease was 575/ MonthNew lease Offered at 600/month.600/ month lease offer was retracted out of possible utility issues (duplex utilities not split)whole house lease was offered for 1200/month with option to sublet upstairs apt.Tenant was told we would need a lease signed by 3/4/2020 or vacate premises by 3/8/2020 12:00am

Additionally, make sure you understand who pays which utilities. 

At under 2x net, the resident has under $1,200/mo to live on...for utilities, car, gas, insurance, maintenance, tolls, groceries, medical, household items, clothing, electronics, social, etc. 

@Jaysen Medhurst I appreciate the adjustments, I made some changes and utilized the BRRRR calculator.

How often do you utilize vm / text marketing?   

If you triple the value, you should expect the taxes to triple as well.What about water/sewer, shared electric or other utilities, lawn care/snow removal (if applicable), trash pick up, admin and professional fees?