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If you have a separate business checking account you can staple all your receipts to the monthly statement and file it in a container in your garage (it's not very 'green' but it works and keeps everything in order should you ever get audited).This doesn't have to be complicated, but for some reason a lot of people seem to insist on it. 

I believe I read that lease terms under 3 years, not containing an option to purchase, would not trigger the clause.

Anyway, the basement ceiling is covered with old broken tiles, and inspection report clearly states that might contain asbestos.

Even the best plumbers make mistakes or miss things.Other people are mentioning 'if they are a good tenant' and then giving some advice involving paying some of the bill.If they are a good tenant, they will realize that they signed a contract containing two sections1) they agreed to pay the water bill2) they agreed to immediately apprise you of any issues with the unitThey waited for months to do anything, they are on the hook.  

The fourplex is roughly placed across the two parcels such that each parcel contains about 50% of the improvement.

@Adam Curry my pricing/tracking model contains a fee that we'd consider our minimum to chase the deal.  

I think someone mentioned stratford which is the next town over, the taxes are not as high and definitely contains higher grade areas compared to bridgeport but you will not find many multi-families available in stratford. 

It contains fantastic demonstration videos and documents and is updated online and the price is reasonable.

But they contain an upside, which is that you are paying for water that's going into the ground, and when you fix them, your water bills will improve.