I am wondering if I should keep the water meters in my name and get rid of one water meter and let each meter service 2 apartments?

There are individual a/c,heating, gas/electric, shared water, units and each unit is individually privately owned.  2 stories, no elevator.   

Mainly you're responsible for the sewer bill and to provide heat and hot water, but not things like air conditioning.If this was winter, I'd be concerned about pipes freezing if the relationship isn't going well, but a 10 year tenant probably won't let that happen.I don't really know about the downsides of not having a lease. 

We are active in Waveland, Bay St Louis, Pass Christian, Long Beach, Ocean Springs, Gautier, Pascagoula, and Moss Point (and possibly other water front towns near these locations).As I'm sure most are, I would be interested in speaking with other investors in the area, and would even possibly be open to the idea of partnering for a property or two with the right individual/team. 

@Carlos PtriawanWhat we are seeing is we have had some redemption requests but we speak with a lot of our investors to get the pulse of what’s going onMany are getting crushed in MF right now which really hasn’t felt the effectsWhat I mean by this is there were a lot of deals that were supposed to close and investors get their $ back out to reinvestThat money is tied up still as these deals have not closed, but not only have they not closed they are under water.

My rental property’s water comes from a community well which a neighbor owns.

Good way to test the waters of an area to purchase homes in before committing to buying property there on your ownCons:1.

:In accordance with the City of Chicago Building Code Title 14B:14B-6-601Table 601Type V-A construction:Floor Construction and Associated Structural members:The table notes a 1 hour fire resistance rating; however, in accordance with exception (g):"In single family dwellings, the floor construction over basements and unexcavated spacesbelow the first story above grade plane is not required to have a fire-resistance rating."

What is the infrastructure story (do they have water/sewer/power to support growth)?

That way you kind of hedge your bets (aka Risk/Reward).Self Storage is historically Recession-Resistant as it has everything to do with Death, Divorce, Down-sizing, Dislocation, etc. - things that are prevalent in normal times and certainly, in not-so-normal-times, too.However, RV & Boat Storage is similar but different, in that approx 1 out of 10 folks in the USA rents a Self Storage Unit, and that is not the case with Boats & RV's; hence it being a much more niche strategy.