And very important: most of the fresh water in the world.Also, MN has become landlord-unfriendly.

LVP flooring is not waterproof or even very water resistant just so you know.

For example where water is included in the rent. 2.

You need to have enough money, probably in the $100-150k, amount to put the property under contract, and do the feasibility study on the property, Phase 1 Environmental, Property Drawings for roads, water sewer, and utilities, and have a completed budget so you know what your costs are.At that point you can go out and attract investors, I don't thing that developing raw land is necessarily cheaper than buying discounted finished lots. 

Everything seemed to be going well and then... the water main burst at the property. 

Sewer and water systems are not designed for 8 adults taking showers and excreting waste. 

This Water Street property in Delphi, IN, was an attractive investment due to its low purchase price of $21,000 and the potential for significant value addition through targeted renovations.

I would advise to separate the water and power meters.

I probably profit about $0.50/load based on my cost of water and electricity.

; No water/sewer/storm pond or drain.Segregate the analysis of the house and the storage.