One water meter is pretty common and you can include in the rent, charge tenants a flat water fee monthly, subdivide or do a RUBS most of the time, option 1-2 work for the smaller properties.

If you don't follow the process perfectly (such as by not delivering notice on time, or in the right way, or charging unfairly such as for normal wear and tear) you will be SOL and could even end up having to return the security deposit or even pay them more $ above the security deposit. 

At the time of transaction, title is clear.

Thanks for the thoughts and appreciate you taking the time to respond. 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Lately I have been running into some road blocks while doing multipe flips at a time due to capital and man power.

Trying to "time" the real estate market is like trying to time the stock market.

A result not typical to a first time flippers first deal.

You have closed on your hard money loan and now it is time to get your rehab going......I created a list to save you some time:  Please use the following building permit checklist if you are planning a rehab in City of Atlanta.1.

I’m a rookie investor and I househacked my first deal and went through the tough times with self managing but it’s the education I feel is necessary for the future deals.