They are done daily.  

check a few prior bills, calculate average daily consumption (actual water use not the dollars), make sure prior bills were based on actual and not estimated readings (utility companies will sometimes bill on estimates if they can’t read a meter for some reason then adjust once they have the actual reading), monitor the meter for a few days and see if the actual use matches the average you calculated.

Or is it daily tasks, being able to keep up with social media, not enough time to organize everything? 

There's a passenger for every train, and the STR train has lots and lots of passengers :-). 

Also, be sure you are on-site daily with the contractor because a good one moves fast and you will want to be able to make design decisions in the field as they have their subcontractors lined up to do the work.

Also, be sure you are taking daily photos and creating reports of what happened as construction progresses and which trade was there and when.

How much time can you commit daily, weekly.

I want to be involved in a large unit apartment deal and be involved with the daily financial and day to day processes of the investment.

We're sending multiple offers daily and quickly.

You won't learn about how this affects your daily day, or which preferred vendors in your area to work with, what you need to consider in your market when evaluating a property for acquisition and rental.