Fortunately I have all the standard contingencies.I also question what is a fair price for insurance.  

What is the best overall water metering company you have found when it comes to ease of installation, reliability, and the cost of the equipment and monitoring?

-------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

St Cloud MN Duplex, list/purchase price $259,900market rents $1,610 per unit BUT yes, if one really wanted to sec8 income standards are $1,957 per unit so one could go that direction if wanted be.

It would make more sense to build with concrete or block and have tile or metal roofs than standard stick built with asphalt shingles .

They are full size and yet still run off 120v and just need a water source and drain. 

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

S8 standard voucher amounts INCLUDE all utilities.

If you think there a leak have all tenants not use any water and find the water meter outside.

@Zara MassoudAdding your property manager as "additional insured" is standard practice and beneficial for you.