Connect with a good maintenance person to have in case you eventually get that overflowing toilet call.

Go out logging with her Dad.... myself I always had roof over my head and water heat and toilet..

Other notes: - Tenants that pay for their water usage are more likely to be more conservative on the usage and also inform you about any maintenance issues as opposed to a tenant that does not pay for water and let's a running toilet, or a small leaky pipe under the sink, go unmentioned. - I don't know a lot about Condo Conversions however if shared meter, can just wrap that into monthly Condo Fees Hope this helps! 

There was always a leaky faucet, clogged toilet, broken light fixture, lost keys, overgrown grass, trash in the yard, etc. 

This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.

If the furnace is separate from the unit, I also have an inspection clause allowing me to inspect for necessary repairs (leaky faucets/toilets), etc, etc quarterly. 

Conservative LTV first trust deeds are currently paying over 9%  and generate good cash flow when buying doesn’t make sense.Yes that´s another wonderful alternative, I invest in notes as well, got no tenants & no toilets and with those interest rates a return, where I don´t need to buy real estate for cashflow.

A lease doesn't mean squat if a tenant claims "The landlord didn't repair the hot water heater for the last 2 months of my tenancy". 

I've heard about a lot of squatting issues in Detroit.

we were only 10 days over schedule (we allocated just under 2 months) which is remarkable considering the various issues we encountered and the size of this rehab (we removed 4 walls (including a load baring), added 1 wall, added new bathroom, redid kitchen and existing bathroom layout, (new locations on shower, toilet, and vanity) removed a door, added 2 windows, new flooring throughout, and added an eyebrow porch.