Now, this duplex was turn key and had numerous upgrades such as flooring, painting, hot water heaters, roof.

Coincidentally at the beginning of the month, I receive a water bill for over $3,000!

I had an issue last year with a vent hood being installed incorrectly on a water heater. 

The cool thing is that you can just replace it if it doesn't work for you later on.

For water, it’s fine.

All individual has the right to cool and heat, just like a regular tenant that could sue you if you don’t fix the heating unit and they’re freezing.

This is a typical "seasoning period" required by most lenders.Repairs and CapEx will probably be closer to 15% of GSR all in.You're not accounting for insurance.What about water/sewer or shared utilities?

I really like the interactive map feature - pretty cool!

Our first thought is the save $ to buy a new home with a warranty and rent a town home (by the water which we love) during the waiting period.

How do I make sure the water and electric bill are all in their names?