-If the tenants wanted to, they could contact the City and get you into hot water.

Vancouver promotes water conservation, so including water-efficient fixtures could be a selling point.Remember, while these additions can add significant value, the exact ROI will depend on your local real estate submarket, the quality of the work, and how well the new spaces integrate with your existing home layout.Please reach out, I can help you with the funding of the project.Regards,Jackson

I don't know water protection plans or homeowners would cover replacement, maybe damage, it depends on the plan.

And that includes areas where water is REALLY expensive or really horrible, unlike Louisville where water is not only cheap but clean and plentiful.

I've been introduced to GDL Asset Management/Green Water Asset Management, which primarily focuses on multifamily properties in Arizona.

If after adding the additional monthly recurring costs (electricity, gas, water, internet, insurance, lawn care, snow plowing, etc.) to the standard long-term costs (Mortgage, taxes, regular insurance, etc.) the property won't net at least $100 if I can get the average rent I see on FF for that area, then the property isn't worth more investigation.

Be aware of the costs as you'd need plumbing (water and sewer), electric and possibly a separate meter to the new unit.

Your tenant sends you a video of a burst water line.

Sorry I should point out you need to keep gutter discharge water away from the foundation  at least 10 ft .

I sell real estate to STR investors in a beach market, and one of the main strategies I tell them about (and that I also use myself) is to have a new 4-point inspection and a new wind mitigation report done periodically and to reshop insurance with a few BROKERS.In Florida, these inspections are only good for 1 and 5 years, respectively, so you MUST get new ones--especially if you have had a new roof, added hurricane clips to an existing roof, or replaced your wiring, HVAC, water heater, etc.Also in FL, insurance companies come and go, so there is no need to stick with the same one and just take it when they try to bend you over and raise your rates.