Billing back water to tenants will bring expenses to 37%My offer is $240,000Thoughts? 

Often times pouring boiling water down the drains will help clear this.I do like the product THRIFT (which is sodium hydroxide crystals) for clearing out clogs and keeping sinks running smoothly; it's impressive to watch work with hot water. 

And we have found water leaks and unauthorized swimming pools doing it this way too.

Water is high , regardless of units in NJ3.

Walking the path behind some houses I saw a neighbor watering his lawn.

My offer on a REO was rejected as too low - the issue with the townhouse is listed at (1)"system did not hold pressure due to damages, unable to find source of allleaks, water heater damaged at side where TPR valve damaged" and (2) "Water Supply and Sewage system was inspected for presence of obvious visible defects.

Agree that most RM's are under water.

BUT, I am in Des Moines, there is a huge pool of potential renters.  

Also well or public water, private or public sewer. 

When they have sufficient water and power and sewage disposal the govt will put mfg in near one of the empty cities .