As an FYI, the home was fulling covering all bills with 3 out of 8 bedrooms rented due to the variable nature of most of these costs.In July we had a tenant turn over and some late payments captured in August.Thanks!

Total charges were $43.12.Then you break that down into what they're for....Flat sewer fee (for condos and apartments): $22.02Flat stormwater charge: $2.79Flat water meter charge: $12.40Water usage charge: $5.91While the water usage charge will probably be 50% higher next month (because some moved in late), that's still so little that even renting furnished/utilities, water usage isn't going to be something I worry about.There's no way to make blanket advice that makes sense for everywhere!

Is it too late to back out.

BP Good Afternoon!

Lately, I’ve been discouraged to continue looking because properties around this area are ridiculously expensive and the HOA’s are around $250 monthly.

Also has late water bill and city wants to attach it to my Home thru a lien. ( water bill is aprox. $400)She gave me a verbal notice that she was moving out June 2020.

Your tenant likely discarded multiple bills and late statements. 

If you haven't signed a contract it isn't too late to get out.

With contractors hard to find and materials costs still elevated well above where they were pre-pandemic, BRRRRing is not nearly as safe a bet as it once was, especially not with a ticking clock of a hard money lender.I've noticed on the podcast lately they have started saying things about "Just getting in" and "not trying to find the perfect deal", but just something that "gets you in the game"...

@Joe Vairo Thank you Joe, coming back to this late.