I ASSUME you’re talking $400+ in extra expenses for providing water, power, sewer, gas, internet, communal area cleaning, and exterior maintenance.

We had a checkout clean report showing 1h 12m before she checked in the kitchen flood being spotless, highlighting the area of the floor her pics had poop in. 

You also mentioned an unpaid water bill, so be sure to deduct any outstanding balance from that bill as well. 

You will want to insure a number of things as an MTR landlord: your interest in the building itself (owner's policy), your contents (owner's policy), your interests if a renter or guest is hurt on-site (landlord policy), and possibly flood, wind, lost-income policies.

That would mean there is an approved site plan that includes roads, water, sewer, storm water, curb, gutter and any required buffers.

However, if for example, the company did not install or disconnect the washer and dryer correctly (such as leaving a valve on) while water is turned off prematurely, causing damage, what language do you put in the Lease to also hold other parties accountable such as ALE and appliance install company?   

Need to watch out for utilities like water meter, electrical, gas, and sewer.

I work with a lot of MTR investors and what I am seeing frequently with multifamily acquisitions, particularly with new investors, is that they often test the property just like you're mentioning, as a way to dip their toes in the water and see what works in their area and for their personal style.

From what I've seen (especially in markets like Phoenix and San Antonio), it's often a matter of alignment rather than luck.Make Your Property a No-Brainer: ALE primarily works with displaced families - think floods, fires, or other home damages.

I currently have several properties for sale in flood-prone areas along the beaches of St.