Having it in both FL (my domicile) and CT (property location), created double the work and fees in both states.From what I can tell this isn't the right entity structure anyway, so I can imagine it was a pain with many extra costs! 

Yep it’s a pain in the butt but well worth it.

Those may help craft a plan for how to minimize the pain. 

You can install water meters (not city ones) that can monitor the water usage but the record keeping and calculations can be a pain.

Out of curiosity, anyone care to share their biggest pain points, gripes, or frustrations with building financial models?

Overpriced and pain to deal with, especially with a large portfolio of properties.

Lender 2 requires 6 months reserves. they want the borrower to document any large deposits and they want mortgage statements on any investment properties listed on the 1003.The point is different lenders do different things and it's important to not generalize as a broker, but interview the borrower, find their pain points and marry them with a lender that will minimize those pain points for a successful close. 

Relief is coming, but just not fast enough.

Filling vacant spaces in your communities can be a huge pain!

I love hearing insight from hosts who have solved this common pain point.