If I buy a house for $400k, and the market drops and the house is now worth $300k, I am under water.

There were plenty of challenges from removing a homeless person off the property to a water pipe in the basement letting go.

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We had 21 units that took water that day, and it was a rough month.

All the water from the crown of the road floods onto my property and I was informed its illegal to discharge water onto anothers property and that the engineers could apply pressure to the city to have curb and gutter installed.

However, if for example, the company did not install or disconnect the washer and dryer correctly (such as leaving a valve on) while water is turned off prematurely, causing damage, what language do you put in the Lease to also hold other parties accountable such as ALE and appliance install company?   

Im not a lawyer, Id flip that house though. maybe get the priest to come throw some holy water on it. 

If it is, I would do whatever I could to get good paying tenants in there right away,  If it is vacant, you are going to be running through cash like water through a sieve. 

I got a very good price on the building (about $25k per door), but it was a ton of work as in addition to tenant issues, there was TONS of physical distress (foundation repairs, sewer line and water line repairs, electrical upgrades, new roof, and apartment renovations needed for all units). 

Water bill triples so they want to check for leaks, too many cars parked in the street.