Renters handle the electrical and water, and manage the lawn.  

You could go into NJ (although the cost to play is high in Northern, but the rents can be very nice), or you could bypass and head into PA near Delaware Water Gap and get low taxes and good renter options.

You’d stalk the watering hole.I don’t care who you are; your *** will beat that watering hole at some point TODAY.Now, keep that thought.Let's talk about lists: the foreclosure list, absentee owners list probate list…What is a list anyway?

The other key to this property is it has city water and sewer at the lot lines which would obviously be cheaper than well and septic + has electrical just next door. 

Major water damage in my investment property from a sudden pipe burst there was some other damage from a break inand had a previous break itI have max 160k  insurance payout.It is a builders risk policy for house flipping.

Does one include heat and water versus the other that is separately metered?  

@Justin,  No you don't need to provide notice however make sure to notify if you will be disturbing common areas, shutting off water to washing machines, having alot of workmen on site. 

The tenants only have to pay electric and they get parking, and a garage while I cover water, sewer, trash, and gas. 

I think what muddy’s the water is we have four LTR and three STR’s.

The water will come from a well in the ground.