I pay in the area of $240 per month, but that will differ depending on the property.

The first approved applicant is offered the rental and I give them 24 hours to pay the deposit and sign the agreement.

You can charge your tenants back or pay for the metering company to charge them for you.

I am going to be paying 10k a month in mortgage , perhaps renting out the other units for 2.5k a pop. 

My client and I have done well in negative cash flow, but its a far better deal then paying rent.

I have The same thing going on with direct burial with house built-in the 70s and they're telling me I have to pay for trenching conduit at cable.

I would like to know what my options are to make sure tenants in a duplex are actually paying their water bills.

I know there are restrictions on how you can use the proceeds from your SDIRA investments and I do need the flexibility to pay myself out of the cash flow from real estate investments.

Note, you don't "Take over" the mortgage typically, you just pay as the successor once you legitimately establish yourself as the successor (Will, Trust, Court Order).

My thought process is to purchase the property initially under my name so that we can pay 5% down as my understanding is that mortgages to LLCs are more difficult to find, have higher interest rates, and require a higher down payment (around 25%).