What about a coffee table book like Ellen DeGeneres Home or Martha Stewart Entertaining?

.- City water/sewer.  

I would assume that the CapEx is reserves for water heater, furnace and other items like that.

Garbage, for example, can just be split evenly whereas water will depend on number of inhabitants. 

I have first hand experience with a buyer who walked from the table with 80% of their EMD check back, and no additional closing costs, on a 2-4 unit. 

If water and sewer is really going to cost you $400/month and all those other expenses are really that high, then I think the numbers are telling the story...there is not enough rent coming in to cover it unless you put more down and get rid of that PMI and high P&I.  

Had to replace a garage door opener and a microwave so far, about $300ea  We’ll either move there or raise the rent in 2021 as we decide if we can tolerate the humidity to live on the water. 

Any good water front restaurant recommendations from the BP Community?

25% LTV based on NOI and Cap Rates or 25% equity I would bring to the table?

With fewer doors you have fewer kitchens, bathrooms, water heaters, roofs, etc.