The repairs seem extensive including bad insulation, minor roof repairs, faulty structure, floors are uneven (home is a little over 100 years old) galvanized pipes, old water heaters, among other among issues. 

Is it customary in Wisconsin for the renter to pay electricity and water? 

While there is a chance that the sun, moon, stars, winds and water all lined up on this loan - that is not all that probabilistic or common.  

Are there any water rights?

Food, medicine, lights, gas, water, rent.  

Also, what about utilities (water, electricity...etc.) and trash collection?

Individual window air units in each unit.WATER: One water supply, making water included in rentELECTRIC: Individual meters for the 4 two bedrooms, making each unit responsible to pay electric on their own.CURRENT RENTS: Gross: 3050 -(2 bedrooms:700, 700, 675,and 400 for unit with property manager) 575 for basement unit. 

Consider all of these opportunities blessings and seedlings you need to water in order to grow your own business.Never.

Also, if the tenant is responsible for example, for the first $100 any repairs.You could also provide in the addendum the names and phone numbers of the local utility companies, water, and cable providers that they need to contact to put in their names.

Might be youtube videos on the art of cold calling neighbors of a tall grass house.