If the water bill is $100 a month, increase the price by 20% (or whatever you decide is fair) to compensate you for the time required to split and bill and to cover additional use when tenants squander the utility.

I personally do have experience with renovations, and being a landlord and have done a few flips some went well and some did not and I have learned some valuable lessons along the way.

You can easily find this online but I will message you directly with some additional info. 

Why This Matters: A Cultural Heritage Endowment Leveraging Time for Economic GrowthThe purpose of this initiative extends beyond creating affordable housing or financial returns—it’s about leveraging time, the most valuable resource, to create enduring cultural and economic value.

Do they want the transactional expert or would a relationship be more valuable to them?  

Down payment should be about the same (20% on a buy-and-hold) but you'll see an additional $3-$6k on average in CC and the ability to keep it off of your DTI/Personal credit along with hopefully no more hard inquiries on your credit (many lenders will accept/perform a soft pull).

Additionally, it drives people away from the forums. 

Quote from @Kyle Schachsieck: Thank you all for the information and additional resources!

As JD said, the tenant must list the landlord as "additional interest" on the policy.

Also we run cement to the rear of the man door so garbage cans can go there and are not in the dirt or have to be in the garage taking up valuable space.