Some keep the water in landlord's name and build it into the rent based on historic usage, and hope that water consumption is not too excessive over the historic usage.

Ottawa/Toronto is for investors simply looking to park excess cash.

I have had tenants unplug the fridge and leave the doors shut, which basically causes the fridge to smell horrible as the moisture allows mold to grow.I would turn off the water inside the property, but tell the landlord you are doing this.

There is no dust, no moisture (so no mold), and no noise because it does not need a fan to move the heat.

It seems I have an 'out' on paying the excess in the water bill. 

Very large losses monthly.You are holding for appreciation therefor you must have a planed point in time to sell otherwise you are not investing you are simply parking excess cash.

Mold remediation can easily run $15,000 to $30,000 and since it’s a condo you don’t know where the source of the excess moisture is coming from.

I am focused on management vs. acquisition since it is just getting beyond ridiculous in Minneapolis and I don’t personally have the excess cash to jump in.

Solid plank vinyl or good quality laminate (in non-moisture environments) is excellent and lasts far longer than carpet, and is able to be repaired.We find that most tenants appreciate the hypo-allergenic properties of a non-carpeted environment.Just a thought for the future...

Let’s not subjugate him to the whims of the stock market, excessive information with really intentions of selling books, let’s be the real deal to Joe!