Peter if you go new subdivision pay attention to the size and solvency of the builder.The small builders that do one off homes or small to mid size cluster subdivisions those are the ones that usually can be in big trouble if an economic shift happens.Look at new build permits coming online for the area and the price range you are looking at.The big builders tend to be more experienced and can still finish out  projects with down turn so you do not get left with a pipe farm development where some homes and some empty dirt parcels.Nothing is foolproof but this can help.

Saving money with frugality is great, but I imagine it would suck with $2,500/Mo in gross income.The "invest with no money" strategy is 95% of the time a pipe dream.

I am under contract on a MF property with water damage from a burst pipe that also happened to allegedly crack the foundation, causing flooding to a neighboring property.

I agreed, stating that hot water in some capacity is a required living condition.To repair the HVAC, piping had to be redone in the walls, including walls in the tenant’s room.

The plumbing on this house is all old galvanized pipes.

Legislation is coming down the pipe that will punish the many of us because of the greed of a few.

Recently, one of my mobile homes has had several plumbing issues. 1st pipe burst underneath.

I just spent $1,000 trying to repair a high-efficiency furnace only to learn the problem was caused by a clogged ventilation pipe.

There are 2 meters by the road but water company says the pipes were never connected to the small guest house. 

You should use 4" aluminum pipe, but even flex would be fine.