Your best bet is to build relationships well before asking about investing.

Essentially I just want to remotely monitor the main water meter to detect when I have a leak in the building (so that I can fix it right away) and not have to find out on my bill at the end of the month.

In fact, according to Rentometer.com, your new rate is almost 15% lower than the average rent of all 1-bedroom units listed for rent in the last year within a one-mile radius of your address, which is currently $Y.We are aware that any increase in household expenses, however minor, can have a financial effect.

Make sure they are detailed and realistic to build credibility with potential investors.2.

We were supposed to learn how to flip houses on the last day.

Part of my pre-approval process is to scrub the borrower's bank statements for these and find out up front what they are for proper DTI calculation - I almost had a file fall apart last year because of Affirm. 

Tenants are hard on things and you want the cabinets to last. 

Re utilities you can also call utility co before owning and ask what is high and low over last 12 months, and avr bill, of each unit.

Again 20-30% is fair.I have an almost 100 year apartment building where I pay some of the utilities. 60% is a fair estimate and it's often more than that.I have a couple of older houses in 'bad areas' where the tenants regularly trash the property causing thousands of dollars in damage and move out in the middle of the night.

The rate fell from 6.95% last week to 6.87% this week.