Corporate and Real Estate Attorneys can be expensive but they are there to strategize on your behalf to help you navigate legal waters which could in the long run cost you your home, your business, and basically your financial life.

Also we avoid opening walls unless we know we have to (water damage or apparent structural issues) with the reason being once it is opened we need to bring it up to current code. 

I could/might do 50/50 where i do 13.5k of HELOC and 13.5k of my own cash.Sorry for the long post, but does my logic of HELOC pay off hold water in this situation?

I will be closing on my first four plex rental and I am running into the issue that the water and sewer bill is sky rocket high. looks like the tenants use up a lot of water.

Cash or construction loans only and the seller will not turn on the water.

Landlord is responsible for some utilities as well as water so that's an additional $300 or so per month. 

Are asbesto and lead testing required for water damage repair related demolition in Texas?

For example, concrete contractors have to add hot water and accelerator, along with concrete blankets in the winter.

People left because the property management wasn't paying water bill or doing maintenances.

NOI is the number that you want to care about MOST ... with MFH it’s important to understand all of the costs .. like water bills , electric bills , maintenance, tax bills, trash service etc .