Or a water line could freeze and burst in 2 months and create a 3-4k repair shortly after buying.

when assigning an inspector make sure they test the water.

Unfortunately, we have just learned about a water damage caused by the people living upstairs.

@Arwin Nassiri Be sure to do your due diligence when considering raw land, and consider particularly the cost of getting water and other utilities to the location and whether you can actually build on the land at all - any structures or improvements within 25ft of a Joshua Tree will be difficult, expensive, and likely impossible in most areas - and you generally can't move them either. 

But, if I was brand-new with no lease or idea what to do and/or no time, they are decent enough to keep me out of hot water.   

I tried to fix my water heater once…the situation got ugly…

I checked our installation price list and the pre-plumbed option is $4000 for grey and black water plumbing in addition to hot/cold plumbing with a hot water heater.

Once you automate you can include smart lock operation, hot water on/off, etc. 

If you do report it, let you agent know.Lastly, If there is smoke and/water damage that your policy may be paying, a Fire/Water mitigation specialist may be worth a call.  

The only thing we hire out is HVAC if it requires refrigerant work.