For instance, if the current owner is paying the water bill and the MFH property is submetered, maybe it makes sense to put the water bill back on the tenants (except for the common areas).

Generally the pea trap holds the water and prevents sewage gas from coming back in the drain.

I'd think you'd get blown out of the water by Pine Tree Legal.

If I look at the four properties I currently own in the area, insurance is more in the $50 per month range.

They most often need to get there engineer out to the site, check city zoning, city restrictions, water and sewer access ( this varies wildly from site to site). 

They had a one page sheet to explain there profit lossEverything they told me at this point has not been verified.They take in $124,320yr.They pay 11821 school tax6500 village tax3000 town county tax5000 insurance 3770 for landlord electric and hot water for the whole building2500 for heat and electric for the rooms for rent 1700 for the cleaning of the shared space and bathrooms for the rented rooms (2 shared baths and hallways for rented rooms)375 snow plows500 general maintenance 320 lawn care4300 for village water and sewer. 

Been buying lots in Richmond CA.. these are the cheapest lots in the entire bay area they have doubled in the last 18 months since I bought them.. been buying them for 30 to 40k now selling in the 80 to 100k range.. will either build for retail.. as rent control kind of goofs up the idea of rentals. 

The range of monthly rent for a property like mine I would say conservatively $2600.

Inline water meter for every unit (to reduce utility)3.

Got a call last week that the tenant in the first floor unit directly beneath ours was at her door complaining her A/C was leaking water down into their unit.