They don't just randomly move.

Tankless units hate inconsistent, on/off demandYour exact use-case, slop sink, occasional washups, random tenant usage, is where electric tankless performs the worst:Rapid cycling burns out the heating elementsSlop sinks often have low flow, and tankless units won’t even turn on under ~0.5–0.7 GPMFlow rate varies a lot with industrial faucets, and tenants twist knobs fastYou end up with “lukewarm water” complaints or units that won’t fire consistently.3.

A good RE agent will have relationships with local contractors they can refer you to so you don't have to call random people then take a leap of faith that they are going to do good work on time and on budget.   

Instead of reaching out randomly, set specific days and times to follow up, which can help reduce your anxiety about pestering them.

i would consult local experts and see what they think.i strongly disagree that if you'd bought a random property in Indiana you'd be cashflowing $400 a month. 

Is this an investment property or your primary residence?

Currently, if owners want residents to pay water, we bill based on an average of 12 months of bills and review that annually to update the amounts, OR the owner can ask the residents to be added to their bill since water must stay in the owners name.

Keep in mind, every deal is different and your mileage may vary.https://www.redfin.com/IN/Indianapolis/1515-E-Kessler-Blvd-Dr-46220/home/66981054 (random house, not mine)ARV / Sell Price$235,000We Calculate All CostsPurchase Price$152,75065%Closing Costs$2,000Rehab$30,0006 Months Carrying Costs$9,114Real Estate Selling Costs$14,1006%Other$0Other$0Total Rehab Costs$207,964Now We Calculate ProfitARV / Sell Price$235,000Total Rehab Costs$207,964Gross Profit$27,036IRS Tax$4,05515%Net Profit$22,981Per month profit$3,8306Loan Down Payment$30,55020%Loan Amount$122,20080%Loan Cost per rmonthPrincipal & Interest$8137%Prop Taxes$321Insurance$168HOA Fees$0Monthly Payment Costs$1,302Monthly Payment 1$1,302Monthly Payment 2$1,302Monthly Payment 3$1,302Monthly Payment 4$1,302Monthly Payment 5$1,302Monthly Payment 6$1,302Utilities for 6 months$1,302Total for 6 Months$9,114

Cap ex and random maintenance seems to suck away all the profits.

I’m about to done with mortgage on my primary resident and has estimate equity of $210k.