During the next rain, the roof leaked again (water was dripping through seam of the ceiling and pooling underneath the paint, causing it to bubble).

One tenant took 12 hours to tell me that he had no water in the middle of winter.

Cool, thanks Dave!

Told the guy , have blankets , fill the tub with water , have flashlights . if the electric goes out and it gets cold , open all the faucets to drain down the house .

It doesn't get any better than this..until you are snorkelling these waters, it is amazing! 

I have capital that has produced disappointing results in convential investments  I am considering investing 60 - 80 K all cash on a town home rental  this will give me a chance to test the waters and see if I want to go bigger  jay

@Jonathan PonceYou would need to work with an engineer and architect to work out the structural and meeting building codes, especially if you want to do something as cool as the home in the link above. 

I'm also left wondering if I should just wait until the market cools down a bit (if it ever does)...Just wanted to vent.  

Hello BP I'm new to posting anything anywhere but this site is so cool I just have to try to jump in.

For this property, currently water, sewer and trash are owner-paid.So, here's my question: how can I convert water, sewer and trash over to tenant paid as efficiently (and fairly) as possible?