The previous owner is living for free in a house that I own, pay the water bill, insurance and property tax on but, at the same time the court has not confirmed that I actually own the property???

> roof replacement for approx. 1400 sq ft home> sink replacement> Water Heater and AC are old > Appliances e.g. cooking rangeWe may be able to cover some of these via extended home warranty but most of these will require replacement.Please suggest.

Water has one meter.

I own a beach house and I spent more than 20 K annually just on fixed overhead (tax insurance electricity water sewer and internet).

Buying a water damaged fire burnt house with no experience is financial suicide.

You cannot just hire a contractor you will get hosed .

It is a very premium location in a beautiful Fort Lauderdale neighborhood close to the water at a price where the numbers really work well.

Units are all electric and have individual panels, water heaters, and HVAC systems.

That will free up your ability to use the FHA loan program again and not have to worry about red tape rules.This will also give you the opportunity to live with your Fiance' and test the waters. 

Has separate power meters, separate water meters, and separate gas meters.