If you see what went wrong and take much more care in the future with tenant screening, this will be your "high water mark" for bad experiences.  

My rent is $1705, water and sewage $60, electricity roughly $70 and I make about $110k a year.

I know its septic sewer and it says rural water?

Can i be reasonably positive that the Water and the Septic tank is ok on this property.

My insurance company charges a lot more if the the home is older and does not have documented updates to the electrical and mechanical systems. 

You should hold a seminar and charge people to learn about your system.

Because of it's use the Fire department/Bldg Inspector insisted on a security system with alarm monitoring direct to the Fire Station.

I found posts like this to be helpful when I was first learning about investing in real estate, so hopefully someone on here can get something out of it.Our goals were to cash flow $100 per month per door, have a cash-on-cash ROI of 12%, and achieve a total return of 20%.Purchase price: $179,900Our loan is a 30-year fixed rate residential mortgage at 4.25%25% Downpayment: $44,975Mortgage Payment (Principal & Interest): $663.75Operating Income$26,435 scheduled gross rents (4 units)$(1001) vacancy$600 garage rent$11 interest$26,045 gross operating incomeOperating ExpensesProperty Management (10% of gross rents): $(2543)Leasing fee for new tenant placement: $(550)Sewer: $(1397)Water & Trash: $(1232)Lawn care/mowing: $(350)Gas & electric during vacancy: $(228)City occupancy inspection aka government extortion fees: $(183)Maintenance & Repairs: $(3594)Property Taxes: $(2009)Insurance: $(983)$(13,069) gross operating expenseNet Operating Income: $12,976Mortgage P&I: $(7965)Cash Flow Before Taxes: $5,011Cash-on-cash return: 11%Equity Accrued: $2275Total Return: $7286Total ROI: 16%We hit our cash flow number almost exactly at $104 per door while our ROI and total return came in a little under our projections, but pretty damn close.

The system must work, because folks do it I guess......  

Can you bill the tenants back for the water and sewer bills (it’s good if it’s a “yes”)?