The meters are read electronically with 3g and you get great reporting in their water scope platform.

Who knows, maybe you use that money and invest into a new type of toothpaste that blows any RE investment out of the water.

City water with one main at the street and how will they bill. 

I used to live in the city and the taxes and water bills are nightmares.

Don't forget to change all your faucet aerators and shower heads to low flow it makes a huge difference as well as far as water usage and saving HOT water. 

I would also look at the availability of public water and public sewer, if not at the site how far away are those services.

Quote from @Aaron Wolman: I would call the companies (gas/water/electric) to get estimates, or an estimator out there.

For Enclave, it seems that if we manage and post on Airbnb, our guests cannot use the water park/amenities. 

Which means that most people are kicking the can down the road only to find out later that it's turned into a 55 gallon drum.

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.