However, if for example, the company did not install or disconnect the washer and dryer correctly (such as leaving a valve on) while water is turned off prematurely, causing damage, what language do you put in the Lease to also hold other parties accountable such as ALE and appliance install company?   

Im not a lawyer, Id flip that house though. maybe get the priest to come throw some holy water on it. 

You increase rents every year rents aren’t dropping.

We had 21 units that took water that day, and it was a rough month.

Drop your meet-up information in this thread!

There were plenty of challenges from removing a homeless person off the property to a water pipe in the basement letting go.

Also, the banks that did approve me told me that they could only use the rental income from the other units (75% of it) for an FHA loan, not a conventional with 5% down (which was my goal to avoid upfront PMI and have it automatically drop off at 78% LTV).

If rates drop in the future, refinancing again could lower your payment, but it’s good to make sure the numbers work now just in case.

Water bill triples so they want to check for leaks, too many cars parked in the street. 

The agreement stipulates:"The owners agree, that no water shall be used for commercial purpose, but only for their private domestic use including vegetable gardens and livestock maintenance."