Quote from @Kyle Schachsieck: Thank you all for the information and additional resources!

It never hurts to have an additional set of eyes to look after your property.

If the water bill is $100 a month, increase the price by 20% (or whatever you decide is fair) to compensate you for the time required to split and bill and to cover additional use when tenants squander the utility.

Additionally, the Kiavi portal is poorly designed.

Additionally I would add a benefit for you is that you're in great area to be able to invest locally and can invest in your own back yard as they say.

You may borrow an additional $35000 for hard cost improvements.

Cash-flow is for "keeping the lights on" as in covering operational expenses to defend against any need for additional capital investment. 

This is a good investment in my opinion.Feel free to reach out if you have any further questions or need additional clarification!

I currently don’t have the financial ability to invest additional funds into it.

Any business could do this with their services and the savings would certainly justify the additional effort.But if you take advantage of the new law, wouldn't the renter do the same?