You're stuck in the water at those times.Notary.

All separate electric meters and gas, water is included.

Plumbing is going to be a big problem as you probably are on a shared water system.

About the only way you can do it is build in the county (not in a city), and when you do this you may be able to connect to municipal water but you will almost certainly have put in your own septic systems or sewer treatment, which gets expensive.  

We will begin by billing water back to the tenants, and increasing rent to market values when turnover occurs.

In some cities the water and/or sewer are ultimately the responsibility of the owner, but the residents get the bill.  

I know of folks who have LTRs near bodies of water (Mystic, Goshen etc) and I’ve looked into it but not nearly enough to provide any sort of advice.

We conduct semi-annual preventative maintenance walkthroughs where we focus on looking for water, any major issues and illegal activities.

And if the loan is in a state where a servicing licence is required, and you don't have one, could end up in hot water if the borrower files a complaint with either of the the above and/or the attorney general. 

If hey call and say the water heater burst at a rental and it’s $985.