Checked out cityfeet....definately a site where great commercial deals can be found if you're willing to sit and scout on your computer for a couple of hours.

I am new to this and have been at this computer and reading books about REI for about two weeks.

Not too computer savvy.

i was able to upload from my other computer.

If you can obtain a 15% gross rent yield (8% net, as you compute), then that is very reasonable in many areas of the country, particularly as your property will be very nicely renovated.

As far as you making other changes, like having the water sub-metered for tenants, I would follow your hunch and wait a bit until this recent cable take-away is more of a distant memory.

Something I can look back on and have a pleasant memory of.

I pointed out to them they were literally charging for a service that they did not provide, but the excuse they used was that it's automatically generated by the computer and that's just how it is. 

(It's a similar situation to the reason I got into computers twenty years ago).There was never a hint of working hard / above and beyond from my broker. 

Computers have been my passion most of my life and I am current a programmer.