It has sewers, but no water.

For example, last year I saw a terrible water leak that was fixed by the new buyer which saved the new owners about $60,000 per year.

We put in new floors and bring the water heater to code and fix all the immediate issue with the get the renter ready. 

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???

It was OK but had a leaky foundation so we installed a sump pump and continued on.

> 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).

I’m super pumped for the next conference!

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