Maybe you should be looking at your own investing practices…Go home troll! 

Some states do not allow RUBs due to the inherit unfairness of the allocation of the apartments' W&S  expenses .Although sometimes not economically feasible in older properties, water sub-metering is practically unanimously accepted through the US.

What really makes the difference in real estate investing is practical knowledge, networking, and hands-on experience.

Finally, adhere to legal regulations and best practices to protect your investment and reputation.

I would say in more practical manner, they are more knowledgeable than us the investor what needs to be purchased.

After digging into state requirements, I’m starting to think some of their practices may not even comply with Department of Real Estate laws.

What are peoples best practices to manage the risks involved with occupants?  

Property firms now need to reassess their data transfer practices and ensure compliance with regulations in every region they operate.A Market Trend Influencing Real Estate InvestmentData privacy isn’t just a regulatory concern—it’s becoming a market trend, and this has direct consequences for real estate investment strategies.Investors Seeking Compliant Properties:Investors are increasingly scrutinizing data privacy compliance when making decisions.

Any advice on best practices for structuring these agreements? 

I'm not a CPA, EA, or tax professional, but I appreciate the time and years it takes to practice in this space and I'm a firm believer in paying for good tax advice!