Make sure to include proper disclaimers. 

By improvements I mean that there is power, water and sewer/septic installed and working.

So the inspection is pushed back 10-25 days until those items get installed. 

So, proper screening is EXTREMELY important!

The specialist I recommend you have is an attorney to properly draft the documents and a title company to facilitate the deal.

-Proper SEC guidelines/filings were not followed to raise capital from a large group of unaccredited investors. 

Hell, you could go all out and just install a bidet and forego the toilet paper altogether. 

Quote from @NA L Harrison: It is irresponsible of you to take in animals you can't properly house.

When you analyze a market properly (1% Rules aren't properly), you're analyzing all the properties in that market at the same time.It's even more dangerous for newbies to use any Rule of thumb.Rules of thumb are nothing but shortcuts, which seems to be the growing method of doing anything now. 

What is the best overall water metering company you have found when it comes to ease of installation, reliability, and the cost of the equipment and monitoring?