Either way, could always have the plumbers plumb the system to make it easy to put each unit on its own meter in future (so long as it’s not crazy expensive).Unit Configurations Below for Reference:x2 2 bed 2 bath, 800 sq ftx1 2 bed 1 bath, 1,000 sq ftx1 3 bed 3 bath, 2,000 sq ft

It’ll give you an easy to read view of how many of the points raised by Dan H and Chris S play out in a deal. 

I don’t know how easy it would be for you to contact every resident and ask that nobody use any water at a certain time for 10 minutes.

Exactly.  20% down financing for investment property will not be easy but if you have a W-2, maybe it's possible. 

Build - Rent - Refinance - Repeat the new BRRR with also hotel development and growing our land entitlement side. hotel development is simple, easy, and has institutional level backing. we really like extended stay development and just came from a hotel conference in Los Angeles. hope to close a few deals this year over 10 million 

It's that easy right? 

@Andrae S Wiggins recommend you upgrade your BP membership to Pro to access the BP Calculators to evaluate rental purchases.Play with the numbers to figure out the purchase price that gives you your target ROI.That's the number you'll need to make an offer at, NOT what the seller is asking.Yes, you will get a lot of rejects, but whoever said investing was easy?

Other than outright fraud, how easy is it for seasoned sponsors to start losing investor capital? 

This would be an easy decision however I do not think you can come close even with you being active in the process.  

It forces me to call VRBO to reset the account but luckily they are easy to get a hold of and fix.