now if the LLc hires a plumber and he screws up the water heater and it explodes and hurts someone you didn't do a personal act so they can only go after the LLC assets. 

.- Water/ Sewer - Should be able to charge back to tenants.- Interest rate - Feds raised rates again, so might be tough to find a non owner occupied (assumed due to your location) conventional loan @ 5%.- Confirm property taxes on the county website.Feel free to PM me if you have questions. 

Water & Sewer: $0 (tenant pays in most cases right?)

Definitely have water heater/new roof/vacancy money set aside for it though. 

They certainly saw the rip in the screen, the holes in the walls during their inspection.Our lease has a clause to the effect that the tenant has inspected the property and is accepting it 'as is', EXCEPT for items that could not be observed during inspection, for example, water was off, so tenant could not see the faucet drip. 

You may want to try offering a Buyers home warranty so that the major issues in the property would be covered, foundation, appliances, water lines etc., for a mere $75 per event?

During the walkthrough there was a huge blue tarp on the roof from water damage of a recent storm.

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Same with water and sewer,  you pay water by unit which is around 50/month per unit so you'd be paying 2400/year.Also I noticed you didn't mention any debt servicing so I'm assuming you are paying cash for this property?

Currently I pay the heat and water.