(sorry I couldn't resist it)Welcome to BP!

And it appears this includes about $2400 for water and sewer that you're paying for your tenants.  

Basically the unit had water leaking in from the unit upstairs and the owner has not been able to resolve the issue with the owner of the other unit.Currently I'm waiting for a response to my updated offer from the seller.

I was last at the property just a couple months ago; we had some water come in a basement window, and before that water on the floor from a full lint sock, I tell all my tenants that if you see a drip of water out of place to call, and both times she called asap to let us know of the issues and we took care of them asap.I have re-informed her of the terms of the lease via my latest email and voicemail: utility payments are considered rent, and when overdue late charges will apply, which are $25 once late as of the 5th of the month, this month, then $5 each addl day.

If mopped, dirty water is simply moved around to be deposited in other grout lines where it settles and dries.

Unless it's a water front lot, it doesn't matter a whole lot in my market.

We, as human, tend to take the path of least resistance.

Is it reasonable to expect tenants to take care of things (ie. not putting wet dishes and other things away in the cabinets..not banging the edges of cabinets when they put things away…not dripping water on outsides of cabinets leaving it… and things of that nature)?

Quick financial summary below for context: Listing Cost $567,500 25% Down Payment $141,875 Home Improvement $100,000 30 year Mortgage Loan Amount $525,625 APR 4.5% Life of Loan (years) 30 Number of Payments a year 12 Total Number of Payments 360 Payment each Period $2,663 Sum of Payments $958,775 Interest Cost $433,150 Monthly Rent: $4800 currently, Goal is $7200, Expenses: $2400 a month (50% Rule)Issue 1-Potential Bad TenantsOne of the units was absolutely trashed with mouse traps and obvious apathetic tenantsOne of the units looks to be a party house for recent college gradsDo we have any leverage to get these tenants out, both expediting our much needed renovations and getting us higher cash flow from the higher rents.Issue 2- Wooden Box Gutter Rot, Missing Mortar in brickWe're getting estimate on this but it seems to be an expensive fix.Issue 3- Old AC Units/Water HeatersIssue 4- Leaks around windows to interiorprobably ties back to the mortar issues in the brickDo any investors have experience in seeing major issues like this after the initial offer was accepted. 

When we were up there last week, we couldn't turn on the water for the water sprinkler, so my mom called the water company and the man from the water company told her about the bad plumbing job.