Implementing water-saving initiatives is a smart way to reduce utility costs.

Don’t assume that you will have water.

@Marc Robinson what's the lot rent, who pays what utilities and what's the source of the water and sewer?

The water fell 3 floors, when I observed the incident my neighbor was attempting the sweep water out the back door.   

You said public water was available...would the lots require a septic system to be installed or is public sewer available? 

Why not start with a small turnkey rental property and test the water?

There are a bunch of ways to do this depending on the property type, usage, and you (income and credit scores).If this is a primary residence, you can get up to 90% of the value of your home minus any exisitng debt. 

I think our cooler climate and fresh water resources are going to attract a lot of population in coming years, especially as CA/FL become impossibly expensive for many people. 

I'd hate to see you lose all your belonging to water damage Ms.

.$275000 with 25% down, taxes $4080, insurance is 3000 yr and rents is $3800 month, Water $400 mth.