Contact the utility provider and get a historical average based on the last year of use.

However, I would look at the bills over the last year and split the water up according to occupants (upstairs=1.5, downstairs =2.5).  

In another Tax Sale case the owner of a property sold at Tax Sale was John Smith (not his real name), and on the tax records his last name was listed first so it read Smith John. 

If you sell straight up you will have long term cap gains on this unless you lived in the property 2 out of the last 5 years. 

The losses accrue until I either have a profit to net them against sell of the property (which I am going to buy and hold). 

At the same time, by the time the market increases in price I will be paying 1K per month towards the mortgage to cover what the rent wont cover, so its 12K per year of loss (if I get a good tenants and nothing breaks), then who knows even if the market does go up...

Many thanks,RoseRose, I've seen massive success and incredible losses in RE investing. 

The agent stated "I did include some coverage for vandalism/burglary which are optional, however, just want to make sure you are covered in the event of a loss." 

Also Short term rentals have seen a significant dip in the last 18 months.

Don’t waste your time otherwise.The last thing you want to be doing in rental arbitrage is doing minor repairs to the house.Even if the landlord pays for it according to the lease, the issue is you’ve got to front it so you can get it done to avoid vacancy or bad reviews.Be in the business of hospitality, not real estate.