I'm looking around apartments not to live in - but to rent out for some cash flow. I'm eying a particular co-op and was wondering: Hypothetically, I took out a mortgage for the co-op.
Am I responsible for paying the electric bill and maintenance every month or is my tenant responsible for those? I've looked around online and couldn't find a concrete answer.
I'm in Queens, NY if that matters.
Thanks for taking the time to read.