Also what kind of expenses do I need to take into consideration besides electric, heating, water and trash?

BTW: one common problem with these kind of assembled-deals is the intertwining of water and septic systems.

My leases state:Tenants responsible for all utilities with the exception of:AAABBBCCCI pay for Sewer and Water on both my current places.

Are you coming across as a shark smelling the blood in the water, or do you really want to help these people and make some money in the process.

One of our investors had the doors kicked in & they jacked up the heat to the highest & left the water running for several days.

If this is the case, you're basically adding an extra $400 of expenses each month (water should run around $100-$200/month for 4 units).

They broke all the glass in the doors and windows, stole the hot water heater, and the kitchen cabinets.

Homes close to the water in the bahamas start off around 500,000 and up.

Tenant pays electric.Owner pays the water and trash bill.Large yard .7 acres total including an extra buildable lot.Newer windowsNewer electric systemHouse was substantially remodeled in 2007 (one new kitchen and one new bathroom.

I went in there with my crew and we redid both bathrooms, completely gutted the kitchen and did new cabinets/granite/stainless appliances, new flooring throughout, popcorn removed and all walls and ceilings retextured and painted, new ceiling fans and light fixtures, new closet systems, new interior doors, new tankless water heater, new HVAC etc.