Appreciate your quick response!

After speaking with other investors, realtors, and contractors here is what I came up with.I do not take responsibility for it, it's relevant for Pittsburgh PA only, and use it on your own risk and discretion.

It's my understanding that the city is responsible for all the piping up to the curb stop in my front yard and I am responsible for the curb stop to my property.Yes from the water meter to the house is generally the owner and from the main line to the meter is generally the city.. 

**Disclaimer**: Being young, I don't have a lot of responsibility so I am fine with being more hands on now to be able to have more time to spend with family later on.My what: I'm looking to buy small multi-family property to house hack and gain equity quickly over the next few years.

Thanks I appreciate the responses!

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

I’ve posted in other forums and getting a lot of responses saying I need to save more because what I have so far would not be enough. 

the loan officer was really helpful and responsive, it was just a lot of paperwork to work through.i like @Jay Hinrichs idea of just paying cash and refinancing. 

If this isn't clear enough, one could survey the other bank loan officers and see if the other doctor notes included this term around the year the loan was written, if this is one of only a few outliers which they threw the term in for, then any jury would likely conclude it was unnecessary and the power of attorney would make that void... but they as you say if the bank makes all the rules for their conventional since it's not "conforming..." then they could call the loan due and as you said the refi would be needed regardless. 

Thanks for your responses.