Check out Guardian Water & Power, their smart (water) meters are in the $150/ea range (not including installation, but they'll arrange for that too) and do not require any involvement by the local water utility.  

Take your pick on that one. 

Do any of you have any good leads, I have a duplex in Tremont and will likely pick up another multi unit 5+ in the Cudell area.

You can pick neighborhoods with $7,000-$30,000 houses.

Renting), and now our rent/utilities are so small that we are able to look at using our funds for other opportunities - aka real estate investing!

I’d be happy to put you in touch with him if you are looking for investment properties or want to pick his brain about his recent journey into real estate.

I will do some due diligence and make sure the land and utilities are solid. 

What's up guys... picking this conversation back up... 

@mau pan not sure how the laws work in pa but in Georgia you legally own the property the day of the foreclosure auction even though it can take several weeks or even months for the attorney to prepare and record the deed.So I always immediately get insurance, put utilities in my name and if it's vacant, get physical control and change the locks.Regarding the possibility of leaks, I always ask the water company to put service in my name, unlock the meter but leave it turned off at the meter.You can the turn it on yourself with a curb-key or a decent pair of pliers.

I use 10% for capex, 10% repairs, 6% vacancy (1 month of mortgage and utilities) and 10% PM.