I haven't done this as this is going to be my very first property, please feel free to ask any questions:Potential Rental Income: $1000/- month (Right now through housing, but rent is due for increase)Taxes: $2600/-Utilities Water/Sewer: $800/- (Rest of the utilities are paid by tenant)Purchase Price: $124,900/-

Submettering is an very viable option($$ knob and tube(1961 construction) ) and there is 1 water heater per building(3 building=14 units)(individual AC units).

We installed an interior French drain system in the basement, because we knew that the neighborhood is prone to water intrusion.

Michael, I've been reading about hot tubs and "hot" is in the name, but they can be cold water tubs too, so the temperature can be set as the season varies.  

The jacuzzi itself isn't being touched and the only plumbing is adding the water line up to the new shower head.

We installed an interior French drain system in the basement, because we knew that the neighborhood is prone to water intrusion.

Hey @Jay Ritchie - From our experience here in Chicago, we typically see new water/sewer lines range in cost from $16-24k depending on the depth of the trench, distance from the street to house, and just different contractors.What area of the city are you in?

At our second house, after we left Schultz was trying to charge us because we acted to  shut off the water so that their leaking pipes and leaking washer hookup didn’t flood the house.

With it being a HUD home, I'm told they won't turn the water on till an offer has been accepted?

The rain refresh has the new technology feature where water and dirt sort of just fall off of it, making it self cleaning for the most part.