My plan is to use a 0 down structure in DC (my next duty station).

@Erin Caldwell I can only speak on the military side being that I am active duty Army with 8 years of service.

It probably seems trivial to change the words but knowing the definitions to terms is vital.

., yes, it's VITAL to "also be considering this property's cashflow"!

Hello BP,I am an Active Duty O2-E and facing that magical time of year....TRANSFER SEASON.  

A third option that I have in my lease for properties where I pay the water: "If Landlord pays for water and sewer TENANT will not use excessive water and understands that he/she will be billed for water and sewer for any amount over the normal charge.If Landlord supplies electricity to the Premises, the use of air conditioners, electric space heaters, or other heavy duty appliances requires the written consent of the Landlord"There should be a way for you to lower your utility expenses... the key will be figuring out which path is best for you and this property.Second: you have eight garages?

They were in charge of making sure all the rent got to the owner and were often times given a discount on rent when they did certain duties to help out.  

Initially I wouldn't recommend 50/50, there is too great a risk of deadlock on vital business decisions. 

I am active duty Navy, owner of a profitable local brick and mortar business, as well as a Licensed Home Improvement Contractor in Connecticut.

I'm currently active duty out of Fort Bragg.