Like many homes in our area, our water pipes burst, causing ten's of thousands of dollars in damages.

While I’m in the real estate business as a residential agent, I feel a bit like a fish out of water with multi-family.The main question I have at this point is this: what documents should I be getting from the seller that pertain to the property during this DD period?

They didnt disclose the private water and sewer utility charge.

Pretty much seems to sums it up.A hammer + a nail punch and some tub and tile sealant might work.You don't want water getting under there.Good Luck!

It has its own separate heat & airconditioners with separate controls for each floor, but the utilities are all one electric, one gas and one water bill.

HE insurance will not cover floods and since we are not in a flood zone (on a hill) we did not add flood insurance, but it will cover some things (overflow from our backed-up sump pumps and a roof).

For example, often fire damage is water damage--they put the red stuff out with wet stuff.

Maybe low flow toilets and new low flow shower heads, LED lights, rainwater capture system and cistern to use that for landscape watering.

The insurance company paid out 8100 for the water damage and 5200 for the building that was drove into. 

They are completely separate buildings (500 ft. apart) but share water connections, entrance easements and such.